Based in the Republic of Ireland
The company is a wholesaler and retailer of hand-dyed yarn, spinning fibre, and accessories, supplying products to a diverse customer base, including yarn / craft shops and the general public.
The quality of the materials and the limited nature of many of the company’s unique colourways have created high demand for the products, resulting in a continuous stream of repeat business from crafters worldwide, which is set to continue for the foreseeable future.
The shareholder is selling the business to pursue lifestyle changes but would be willing to remain with the company in some capacity post-sale. Offers invited.
Key Highlights
Global customer base of over 110,000 yarn shops and private individuals, with some relationships spanning 16 years.
Circa 60% of sales are generated by the wholesale market, with the remainder derived from the company’s e-commerce site and additional walk-in sales.
Exclusively uses ethically sourced yarn and fibre, non-toxic dyes, and locally sourced recyclable packaging
High global demand for yarn and other crafting supplies, which continues to grow as interest in knitting and crocheting rises, circa 80% of sales are generated outside Europe.
Circa 10,400 skeins are due to be produced in early 2026 to meet existing demand.
Experienced general manager in place to run the business post-sale.
Premises may be partially included in the sale.
Financial Highlights
YE25 turnover of £1.9m, with an adjusted EBITDA of £325k.
YE26 projected turnover of £2.2m.
Order expected from one of the largest yarn shops in Europe is predicted to generate revenue in the region of ¤100k–¤200k per annum.
