Business Description

This online craft fabric retailer, based near Boulder, Colorado, offers a vast selection of high-quality fabrics and sewing supplies. With over 15,000 products available online and in their 14,000-square-foot warehouse, customers appreciate the quick service, diverse options, and custom cutting services. The business has generated $4.2M in revenues over the past year, with earnings of $416K as of June 30th. The current sales price, reduced from $1.6M to $1.2M, includes $500K worth of inventory, and there is potential for expanding into fabric-related products. The business occupies over half of a building appraised at $5.91M, offering ample warehouse space for growth. The owners, a husband and wife nearing retirement, have crafted a strong foundation with a loyal customer base and a well-designed website. Leveraging the unused warehouse capacity and experienced staff, there is potential to expand into a second online sales segment for fabrics. The