Retail, Elvington, North Yorkshire

ONLINE / MAIL ORDER OF WOOLS in North Yorkshire for Sale.

This is an exceptional opportunity to acquire a highly regarded UK retail business specialising in extremely chunky yarns, giant knitting tools, and arm knitting kits. The business has earned a strong reputation within the craft community for making large scale knitting accessible, enjoyable, and unintimidating - particularly for beginners and hobbyists who may not consider themselves traditional knitters. Their product range is specifically designed for fast, visually striking results, with many projects capable of being completed in just a single day, adding to the brand’s broad appeal.

Founded by our client in 2015 and incorporated in 2018, the business has grown significantly, with over 50,000 followers across Facebook and Instagram - a testament to its loyal customer base and respected position within the industry. The company is currently operated over friendly, manageable hours, five days per week, by a well trained and dependable team. Our client is often away from the day to day running of the business, creating an exciting opportunity for a more hands on owner operator to step in and further develop what is already a well established and well loved brand. The decision to sell has been prompted by our client’s plans to emigrate to Italy.

The premises are leasehold with a reasonable rent structure and are situated within a busy, well connected business park offering convenient road links. The ground floor comprises a spacious warehouse and storage facility of approximately 1,925 square feet, along with an office, packing room, and WC facilities. The first floor includes additional storage space on a mezzanine level, a dedicated photography room, and a large multipurpose room. The latter is currently used for storage, though it was originally created as a studio suitable for hosting customer workshops - a revenue stream that could easily be revived by a new owner. A staff room and kitchenette complete the first floor layout.

Financially, the business continues to perform well. Accounts for the year ending 31 March 2025 show an annual turnover of £163,451 and an adjusted net profit of £42,297, prior to depreciation and the directors’ salaries and pensions. EPC Band C