Acquisition opportunity: Specialist in fashion fabrics, knitting wool, hobby and craft materials, and personalization services (OKT)

Asking price €180,000.00

Financial data

Turnover / Revenue €830,000.00

Specialist shop that has been well known in the region for over 40 years. This business is located in a building of approx. 500m² (sales area, sewing workshop, storage area, kitchen, classroom, etc.).

In addition, this business also offers alteration services and dry cleaning.

Atmosphere.

Since 1983, the specialist for creative people, offering a wide range of fabrics, sewing supplies, knitting wool, hobby materials, and various personalization services.

Since early 2005, the company has been run by the second generation: two managers (one full-time and one behind the scenes and on weekends) and their passionate team of five employees (mostly part-time; together 3.47 FTE).

In addition to selling more than 50,000 items, we offer a comprehensive range of services. 

 

  • Alterations: Repairing clothing, replacing zippers, taking in clothing, etc.
  • New cleaning: Professional washing and cleaning services (as a depot).
  • Newspaper and lottery point (including cigarettes and drinks)
  • Parcel service (DPD)
  • Sale of work clothes for a local school

STRENGTHS

Wide range: From fashion fabrics to knitting wool, craft accessories, and sewing machines.
Diversity of services: Alterations , dry cleaning,
Experience: Over 40 years of expertise in the sector, with a focus on customer satisfaction and quality.
Flexibility: Ability to realize both large and small customized projects.


POTENTIAL NEW OPERATOR

  • An excellent takeover opportunity for an entrepreneur who wants to establish themselves in the creative and textile sector.
  • This business has a solid customer base and an established name in the region.
  • The takeover offers the opportunity to build on a successful business with great growth potential, both in terms of products and services.
  • The current managers are willing to guide and train the buyer during the transition period.

KEY FIGURES

Annual turnover (2023) 830,000.

Number of employees: 5
Number of products in stock: 50,000+
Type of customers: private individuals, small businesses, and government agencies
Opening hours: Monday to Saturday from 7:00 a.m. to 6:00 p.m. Closed on Sundays.

OFFER

Operated as a sole proprietorship

Transfer of business 

Real estate

The business is operated in two adjacent buildings. Together, the two buildings form the entire store with a surface area of approximately 500 m² (of which 200 m² is retail space accessible to customers). New commercial lease to be drawn up. Rent ± €2,300 per month + costs.

The building is equipped with solar panels. 

Machinery

  • Server with seven computers for sales and inventory management. Scanner for scanning items
  • Sewing and overlock machines
  • 2 copiers/printers

Rolling stock

  • Passenger car (not normally included in the transfer)

Inventory

• Very recent stock of fabrics, knitting wool, sewing supplies, etc. Old stock is regularly liquidated.

Furnishings

  • 4 counters
  • lots of shelves

Are you interested in taking over the business? Please contact us for more information and to arrange a meeting.

Please use the contact form below.
It would be helpful if you could provide a brief introduction of yourself and your motivation.
1. What is your profile and background?
2. Why are you interested in acquiring this business?
3. What are your questions and expectations?

Location
Oost-Vlaanderen
Legal form
Sole proprietorship
Number of employees
5
Customer type
B2B (Business to Business), B2C (Business to Consumer)
Active since
1983
Real estate included
No
Translated from
Dutch
Disclaimer
Takeover market is not responsible for the content. Please check for accuracy and completeness.

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