This is a unique specialty retail business dedicated to patchwork, quilting, embroidery and handmade items.
The business is a stockist of carefully selected local and international fabrics for patchwork, quilting, embroidery and other crafting projects. It also offers workshops and classes with experienced and highly sought-after tutors in its beautifully set up store.
Well located in an affluent beachside suburb of Melbourne, the store holds a prime location on a busy road with an abundance of passing traffic daily and easy accessibility by public transport.
The fabrics, patterns, kits, templates, threads and sewing accessories are also available for purchase online via their beautifully designed website.
Turning over approx. $400,000 per annum with rent of $3,187 per month including GST with 14 years remaining on the current lease.
Perfect for someone passionate about quilting and crafting. However, this is not a requirement as the store is currently run under management with 6 very knowledgeable and experienced staff working various part-time hours, who between them have 150 years worth of patchwork and fabric knowledge - all very eager to stay on and very reliable.
Current vendor has taken on other opportunities and thus does not have the time to develop and grow this business. There is a huge demand to run workshops and classes for children and have birthday parties and holiday programs. The teachers are ready and available.
There is also an excellent market to create kits for major holidays for both adults and children to promote handmade items and boost online sales.
There is also great potential to grow the business via social media platforms. Current staff demographic means that social media posts are low. Posting more on social media could mean huge growth.
Inspections of this business will impress.
For more information contact Elle Likopoulos on 03 9566 7300.