Haberdashery Shops for sale in Rotherham

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Well established Fabric, Wool & Haberdashery business for sale.

Rotherham, South Yorkshire, England

  • Leasehold Price: £19,995
  • Turnover: £96,006
Seller Reference: B06067
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Business Description
 
 
 
 
 
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Seller Reference: B06067
Request Details
Business Description
Business
Please quote reference B06067

Hilton Smythe welcomes to the market From Rags to Stitches. This creative fabric and yarn emporium was originally founded by our client in 2014 and is very well supported by the local community. The business is now reluctantly coming to the market due to other interests.

Since establishing the business our client has seen month on month growth and now reports a healthy turnover of £96,000. Revenue is derived from the sale of modern quality fabrics, wools, patterns, and haberdashery items to meet the creative needs of sewing enthusiasts in the region.

Our client is a skilled and experienced seamstress and offers friendly tuition classes to clients of all ages from beginners to the more experienced to help renew their sewing skills. The premises have a kitted out classroom as well as the retail side.

The business predominantly offers Patch Work and Quilting, but also has a wide variety of workshops such as dress making and free motion embroidery.

The business also attends Exhibitions, Quilt Shows with Pop Up Shops across Yorkshire and Nottinghamshire. They are booked in for 5 shows a year, 3 in Harrogate, 1 in Doncaster and 1 in Newark. As well as attending events, the business is also on one of the shopping channels. 

The industry has seen a massive rise in demand due to lockdown. Our client also offers 3 classes a week for upto 24 students, booked on a monthly package which generates regular income. The classes have proven to be extremely popular, especially as many schools sadly no longer teach sewing and our client benefits from much repeat trade and word of mouth referrals.

They also has a Block Of The Month (BOM) subcription. Every month for the next 12 months you will receive a box of fabric along with the pattern for that months blocks. 

The shop is beautifully presented throughout with the fabrics clearly displayed, with ample space for the workshops. Our client has completely refitted the premises to a very high standard and the space presents a very relaxed atmosphere.

Advertising is via the business’ informative website www.fromragstostitches.co.uk . Our client has an established e-commerce function, which was launched  in 2014 and has always seen great results, we believe this will take this already expanding business to the next level. People can use the website to book classes etc, and product sales are featured on eBay with 100% feedback rating and also Etsy.

This is a well presented business, with a good client base, ready for a new owner with the same passion and drive as our client to continue this expanding enterprise. Early viewings come highly recommended.

Location
From Rags to Stitches occupies a double fronted premises, ideally located within the town of Maltby in South Yorkshire. The property occupies a prominent position, with 1 store being used for retail & 1 being used as the workshop. The fabric store is a destination shop, and further benefits from a high volume of footfall and passing trade, as well as car parking facilities within the area.

The area of the business is well served by the public transport system, with several bus stops within easy walking distance of the property.

Premises
Well maintained premise with bespoke, eye-catching signage.

Entrance door with window display areas. Perimeter racking and shelving units with displays of cottons, yarns, hobby & craft fabrics, patchwork squares, sewing and knitting accessories. Fully equipped sewing classroom.

The sale also includes; 


  • 8 sewing machines

  • Epos system

  • Computer

  • All shelving

  • Retail Equipment

  • Cutting table

  • Counter

  • eBay shop with 100% feedback



Tenure
We are advised that the business is being sold on a Leasehold basis, with 2 years remaining on the 5 year lease. The rent is currently £1,000 per month and the business has £0 rates payable.

Hours
The business is currently trading; 

Monday - 9:30am – 4:30pm
Tuesday - 9:30am - 4:30pm
Wednesday – 9:30am – 4:30pm
Thursday – 9:30am - 4:30pm
Friday - 9:30am - 4:30pm
Saturday - 9:30am - 2:00pm
Sunday - Closed


Staff
We are advised that the business has 1 part-time member of staff. 

Financial Profile
We are advised that as per the 2020 accounts, the business generated a turnover in the region of £96,000. Full financials can be made available upon further request.

Please quote reference B06067

Tenure:
Leasehold
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