This is an alteration business located in SW Missouri. It has been in operation for 50 years, 33 years with the current owner. The business focus is alterations and tailoring for uniforms, suits, dresses, weddings, gowns, cushions, and leather. The business has a great reputation with its customer base and has grown steadily over the years. A new owner will be able to continue growing by hiring additional people to take advantage of the shop’s equipment, floor space and customer demand. The current owner is looking to retire and will assist the new owner with a smooth transition.
- Asking Price:
- $199,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $318,305
- Cash Flow:
- $89,182
Property Information
- Real Estate:
-
Lease
- Premises Details:
-
3,400 SF (+/-)
- Size in square feet:
- 3,400
Business Operation
- Reasons for selling:
-
Retirement
- Employees:
- 5
- Years established:
- 50
Other Information
- Support & training:
-
Owner is committed to a smooth ownership transition.
- Financing available:
-
N/A
- Furniture / Fixtures value:
- $200,000 - included in the asking price
- Inventory / Stock value:
- $2,000 - included in the asking price