Hi all
I was on here quite a while back. I was going through Chemo. That's all behind me now except for the permanant side effects it left and all the pills I still have to take.
Anyway, I opened a tiny needlework shop in the corner of a larger craft shop in October. Then they closed it the end of November to relocate to a better area. No December sales!
Then about the second week of December my 2 friends (sisters) who own a cross stitch & gift shop in Helen, GA called to offer it to me. They have found a larger place in Dillsboro, NC that they are buying.
I was thrilled once I finally believed it. They are leaving me some stock and fixtures and I will be assuming one of their apartment lease. I have already talked to the shop's landlord and the rent will not be raised. My husband is all for it, even though he will be left behind for a few months until he can get our home squared away and put on the market. All seems to be going well.
Except...I am short the actual moving in money. The shop's first month's rent, deposits, biz license, etc. About $3000.
I have tried everything I can think of and because we have never had credit, we don't have any now. If I had not already sunk what money I had into my little corner space, I'd be ok.
Anyone want to loan me the 3 grand? I am offering 10% interest AND you can get your stuff at cost plus any shipping during the length of the loan (1 year, probably less).
I do plan to add to the cross stitch. I'd like to have all the basic needle arts represented. I'll be offering classes in the ones I know and looking for others to teach the ones I don't. I will also be adding a web site store for easier ordering for those who live out of the area.
It is 1000 sq ft with lots of character. The biz is in it's 4th year and has had 30 - 35% increases every year. It ended with a gross of $68,000 for 2007. That was only on cross stitch and gifts. The customer base is established and thanks to Wal-mart, it is growing.
I hope everyone has a Great New Year!
Many Blessing, Naomah Foxy's Cross Stitch & More snipped-for-privacy@gmail.com