Alan J Picken are delighted to offer this very well-known, established, family run sewing machine business onto the market, which is only offered for sale due to our client wishing to take life a little easier retire.
Established in 1979, the shop is a main stockist for Janome & Elna sewing machines, and they also stock Bernina Sewing Machines and Horn sewing machine cabinets. They have a wide range of machine spares and accessories together with Haberdashery, Knitting wool & Cross stitch all available as well as offering service and repairs for all makes of sewing machine and offer a comprehensive service to schools and colleges in the region.
Currently trading 6 days a week, the business is run on civilized daytime hours and by virtue of it’s prime position attracts a regular clientele both local and from further afield, achieving excellent sales and profits! As well as attracting regulars the business benefits from tourists visiting Harrogate and staying in local hotels as well as those visiting for the day.
There’s scope to extend working hours as well expanding with online sales and social media to maximize the full potential of its prime location and excellent reputation.
Turnover circa £250,000 on year end 2024 accounts.
Gross Profit 58%.
Adjusted Net Profit circa £90,000.
Our clients have maintained the eye-catching premises, which has been superbly fitted with extensive fixtures, fittings and equipment.
We trust this will prove a resounding successful acquisition, for a dedicated, enthusiastic working proprietor to continue to exploit the full potential and drive maximum profits.
Business £74,950 + SAV
Leasehold.
Harrogate, North Yorkshire.
Reference. NBFS10620
