All previous growth projections have been exceeded.

Table of SCORE appraisal and projection are attached for viewing, and books are open to qualified buyer.

PLEASE NOTE: The price considers:

                     1: Manager’s salary of       $30,000
                     2: Rent                               $12,000
            and a discount factor of                 20%
            Inventory of                                 $60,000
        And Looms and other fixture of       $10,000

Inventory will be adjusted at time of closing.

The price includes a modest growth rate of 10% in the current or equivalent size space of approximately 1000sq. ft.
However there is great potential for expansion into a larger space to accommodate more looms and more classes leading to more sales of looms, spinning tools and supplies.
The sales of these goods are proportional to the number of classes offered.
With the completion of Santa Fe’s new Convention Center, Rail Yard Project and general growth of the city this business is sure to continue it’s success.

Dealerships includes: Leclerc Looms, Ashford Products and Harrisville Designs.
Domain Name with Website: sfschoolofweaving.com
Display Add in “Handwoven” and other Interweave publications.
Exclusive for Santa Fe: Great Adirondack Yarns.

GENERAL DESCRIPTION OF BUSINESS.
Santa Fe School Of Weaving/Miriam’s Well is the only business of it’s kind in Santa Fe, New Mexico. It has become an oasis of creativity in the downtown for both local residents as well as visitors from all over the world.
The school celebrates it’s 9th birthday on June 1st, 2008 and has expanded from being primarily a weaving instruction and supply store to Santa Fe’s premier fiber store for knitters and spinners.
The seller is willing to work with buyer to ensure a successful transition.
The seller is also willing to sell the property on 614 Paseo de Peralta at price based on a certified appraisal.

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