Alan J Picken are delighted to offer this established and most popular wool and yarn retailer onto the market.
This is an exceptional opportunity to acquire an established and most popular business, which is only offered for sale due to our client now wishing to take a well-deserved retirement after many happy and successful years in the business.
Since the business was established in 1989 and our client taking the reins in 2016, the shop has become a popular venue for both local and tourist customers.
They commission, spin and dye their rare breed pure Wensleydale Wool in 4-Ply, DK and Aran weight yarns in a spectrum of tempting shades. Worsted spun by local craftsmen in traditional Yorkshire mills. They have their own brand premium Yorkshire Wool and Yarns for knitting and crochet; Sheep Shop Hand Knitting Patterns; Exclusive Wensleydale Knitwear and Yorkshire Woollens; Knitted Garments specially knit to customer requirements, as well as off the shelf; Sheepskin rugs; Wensleydale Fleece, Combed Tops / Roving and Wool Locks for Hand Spinners, Hand Dyers, Crafters, Felters and much more…
Over the years our client has established an excellent reputation over the years with regular, loyal clientele as well as attracting clientele from further afield via its modern website with excellent SEO and easy to use online shop as well as its established social media accounts. In fact, our client ships worldwide!
Turnover circa £150,000 on September 2022 accounts.
Gross Profit 77%
Adjusted Net Profit in excess of £64,000
There is enormous potential to improve the businesses online presence to increase sales and derive maximum profits.
We trust this will prove a resoundingly successful acquisition, especially for a dedicated owner proprietor to continue to exploit the full potential and derive maximum profits.
Business £60,000 + SAV
North Yorkshire
Leasehold.
Reference. NBFS10608
