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Asking Price$375,000
Revenue$311,208 Established1999
Cash Flow$148,178 EmployeesUndisclosed
FF&E$28,161* FranchiseNo
Inventory$60,000* RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
New owners will take over a respected brand in heirloom-quality world textiles and a desirable location in picturesque Madrid. Since 1999, FINE TEXTILES has specialized in presenting authentically-crafted carpets, rugs, wall-hangings, weavings, pillows, runners, carvings and related folk art. This business has been dedicated to preserving the traditional textile cultures of the Navajo Nation, Oaxaca, Morocco and the Himalayas. FINE TEXTILES has built a loyal base of collectors, enjoys strong profit margins, and has established relationships with textile workshops, suppliers and consignors. New owners will inherit high-value consignment stock in addition to the $60,000-worth of inventory.
Competition:Due to its longevity, established relationships and reputation among collectors, FINE TEXTILES is sought out by collectors.
Training/Support:Training and support will be provided during the transition phase; ongoing consultation or in-store assistance can be discussed
Sale Reason:Career change.
Ad #90583
Seller Reference #SANTAFE001-N158
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Michael Greene
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