This tailor, alterations and dry-cleaning business has been serving the area for over 40 years. It is in a great location with a loyal customer base, having contracts with a national clothing label and a luxury boutique hotel. They also work with high-profile sports figures and celebrities.
From business wear to suits, shirt laundry, dresses, wedding dresses, formal attire, athletic wear, leather, furs to bedding and comforters, they can do it all.
Customer satisfaction is their #1 goal, along with careful handling of garments and quick turn arounds with friendly personalized service.
- Asking Price:
- $295,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $448,162
- Cash Flow:
- $162,628
Property Information
- Location:
-
Located in a highly desirable Midwest metro area.
Business Operation
- Expansion Potential:
-
A new owner can increase revenue by offering tuxedo rental and custom suits and dresses. An advertising campaign could help increase revenue. Currently this shop relies on their reputation and word of mouth.
- Competition / Market:
-
There are only a handful of professional tailor shops in the area. The shop is in a great location and has a stellar reputation. They also have an existing contract with a major retail label.
- Reasons for selling:
-
Seller is relocating out of state.
- Employees:
- 4
- Years established:
- 23
Other Information
- Support & training:
-
Seller will provide adequate training to ensure a smooth transition.
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
Seller will offer some seller financing with a qualified buyer.
- Furniture / Fixtures value:
- $20,950 - included in the asking price
- Inventory / Stock value:
- $11,100 - included in the asking price
- Relocatable:
- This business can be relocated.
