Internal Ref: 126
Summary
The business operates as a specialist online store for embroidery supplies. It carries hard-to-get products, enabling customers to have an easy online shopping experience.
Revenue
$160,673 pa
Expenses
$78,424 pa
Net Profit
$25,509 pa
Potential
Opportunity to further expand online.
Reason for Sale
Health reasons.
About the Business
The business operates as a specialist online store for embroidery supplies. It carries hard-to-get products, enabling customers to have an easy online shopping experience. The products of the business include threads, ribbons & trims, Trims, stumpwork & goldwork, books, fabric & blanketing, embroidery essentials, hoops & stands, and embroidery kits.
Hand Embroidery Supplies currently operates out of a home garage, enabling it to reduce operating costs associated with leasing a commercial space. An incoming new owner is expected to find premises from which to operate upon the business sale.
Highlights
• Niche product offerings make the business stand out
• This business can be operated from home and anywhere in the world, giving the new owner flexibility
• Operating a remote retail business enables the owner to enjoy flexible work hours on business days. The current owner works only five days per week and does not operate the business on all public holidays and over the Christmas holiday season
• The business has no restrictions
• 2-weeks training offered for the new owner (if needed)
• Potential to further expand online presence
And More!
Enquire Today 3155 6333
Transworld Business Advisors
History
2018
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