There has been a haberdashery shop at Town Green, Wymondham, for 50 years in a beautiful 18th century building with views of the Abbey Spire. Current owners, Kate and Beth, a mother and daughter team have run it since January 2020, but it’s time for the next stage in its adventure.
Due to Kate’s upcoming retirement, The Needlecraft Haberdashery is now seeking new ownership, with the business for sale as a going concern on a leasehold basis. It will stay open as usual whilst a new owner is sought.
The haberdashery shop provides a unique service to our rapidly growing market town and the surrounding area, with an extensive stock not readily available elsewhere outside of Norwich city centre. As a ‘destination shop’, many customers travel specially to buy and browse products not easily found elsewhere. Many customers visit knowing they can rely on receiving great advice for their sewing and craft projects.
Product ranges include dressmaking, craft and curtain fabrics, yarn, and haberdashery. They also work with other local businesses as a pick-up point for sewing machine servicing, alterations and curtain making services.
Despite the challenges of the last few years, The Needlecraft Haberdashery has maintained a good level of profit whilst increasing stock ranges and modernising. Recent partial renovation of the shop has set up space for sewing and craft classes to take place, with a waiting list of aspiring local sewists, offering great potential for increasing turnover. The foundations of an e-commerce retail website have also been laid offering further easily achievable potential for expansion.
To discuss the opportunity to purchase the business as a going concern, please contact Kate and Beth at firstname.lastname@example.org.