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Asking Price: GBP 40000
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Business Location: United Kingdom » Derby » DERBY 
Category: Retail » Miscellaneous Retail
Advent Business Sales are delighted to offer
for sale this well established and very
popular knitting wools, crafts and
haberdashery business.
Established 28 years ago by the current
vendor, it is now reluctantly offered for sale
as the vendor has made plans for early
The two shops, which are similar in layout
and location, occupy a prominent and prime
location with the nearest similar business in
Nottingham, which is 15 miles away.
The vendor has built an enviable reputation
which has been built up over the years with
a good proportion of regular custom.
The two shops are divided in accordance of
stock as one concentrates more on knitting
wools, crafts and patterns and the other
more on sewing and haberdashery.
Our client stocks an extensive range of
products including:
• Coats
• Loweth
• James Brett
• Tivoli
• Ramsdens
• Sirdar
A phenomenal amount of width and
assortment is offered, allowing the business
to remain successful.
The services are advertised in local
publications as well as Yellow Pages.
The business is staffed by the vendor and
two full time and 8 part time employees,
covering both shops.
The current stock is running in the region of
approximately £60,000 on both sites.
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Financial Information:  
Annual gross sales: (GBP) 334000
Yearly Revenue: (GBP)
Total yearly sales revenue
Net Profit: (GBP)
Total profit before taxes
General Information:  
Business Area:
Year Established: 1980
Is Relocatable?:
Business closed or an asset sale : No
Is Home based business?: No
Real estate status: No
Number of Employees: 2FT\8PT
No of trading hours: Mon – Fri: 9.00am – 5.00p
Reasons for selling:
it is now reluctantly offered for sale as the vendor has made plans for early retirement.
Market competition and expansion:
Whilst already a successful and growing business, there is still excellent potential for growth including further advertising and possibly internet sales.
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