Sell Sheet for Rethread

Asking Price $100,000

(Purchase will be made to our nonprofit Dributts as a Donation)

All contingent on a property lease for $3,500 a month plus utilities with the property owner

Assets and properties you are buying:

  • All fixtures

  • All products and properties owned by ReThread that exist inside the store currently

  • All Registers

  • All current leases are already in place with vendors (2,500 months)

  • 13,000-15,000 transactions per year in the location

  • between 25,000-30,000 customers per year and growing

  • Name of store - Purchasing Rethread Name

  • Purchasing Online Footprint. We have a High Google search placement result, plus 4.7 Stars and 120 reviews

  • Smooth transition from the owners

What you are not buying:

 - Any and all social media (Facebook or Instagram)

- The Mission: Dributts Inc

- Wifi network (you can get it transferred if needed)

- Any extra time from Michael Wahl to help transition.

- All staff contracts are not included in the deal. Retaining staff will be up to the new owners

Rent Michael Wahl

- Hire Michael Wahl for a one-month transition period for $10,000 (max of 100 hrs for the month). This will need to be added to the purchase price if you need his services. Michael will utilize all available avenues, including social media, to promote the new change and inform existing customers about it.

Financials: 4-year look

Note: These numbers represent square register numbers and exclude eBay and other revenue streams.

2025 - Jan to Present: Rethread $100,957 Market $40,737

2024 - Jan to Dec: Rethread $275,455.70

2023 - Jan to Dec: Rethread 257,602.06

2022 - Jan - Dec: 265,746.80

 

Potential Sales for Rethread Markets

#1: 80 Booths x $175 Average = $14,000 Month

plus 10% of sales ($30,000 = $3,000) $17,000 month = $204,000 yr

#2: 100 Booths x 175 Month Average = $17,500

plus 10% of sales ($40,000 = 4,000) $21,500 = $258,000 yr

Note: This does not include any sales from the owners,

That should be $50,000 to $100,000 yr