New owners will take over a respected brand in heirloom-quality world textiles and a desirable location in picturesque Madrid. Since 1999, FINE TEXTILES has specialized in presenting authentically-crafted carpets, rugs, wall-hangings, weavings, pillows, runners, carvings and related folk art. This business has been dedicated to preserving the traditional textile cultures of the Navajo Nation, Oaxaca, Morocco and the Himalayas. FINE TEXTILES has built a loyal base of collectors, enjoys strong profit margins, and has established relationships with textile workshops, suppliers and consignors. New owners will inherit high-value consignment stock in addition to the $60,000-worth of inventory.