Established Sewing Tailoring And Alterations Biz

Business Overview:

This established and well-known alterations, sewing, and tailoring business, located in the bustling Humble Kingwood area, has been serving the community for nearly 40 years. Offering a range of high-quality services from professional alterations to custom tailoring, this business has earned a solid reputation for its quick fittings, reasonable prices, and outstanding customer reviews. For decades, this trusted business has been a go-to for those seeking reliable craftsmanship and personalized service.
Since its establishment, the business has consistently generated stable income, proving to be a reliable investment. Over the past three years, it has maintained an average revenue of $146,431 and Seller’s Discretionary Earnings (SDE) of $85,740. In 2023, the business reported a revenue of $146,960, showcasing its ongoing profitability. This consistent track record makes it an attractive opportunity for potential buyers seeking a recession-proof business in a growing area.
The services offered go beyond standard alterations and tailoring. Customers appreciate the diverse range of offerings, from alterations of formal wear to casual clothing adjustments, all performed with precision and attention to detail. The business also provides custom tailoring services, ensuring that every client receives a personalized and tailored fit. Whether it’s hemming a dress or crafting bespoke suits, this business covers it all, ensuring client satisfaction.
Situated in a high-traffic strip center with ample parking and excellent visibility, the location plays a crucial role in attracting walk-in clientele. The surrounding area benefits from heavy foot traffic and easy access, making it a prime spot for continued business growth. Its convenient location has helped build a loyal customer base over the years, with little competition in the immediate area.
Having been owned and operated by the same individual for 40 years, this business has established deep roots in the community. With an unwavering commitment to quality service, the business has built long-term relationships with customers who return year after year. Its longevity and stability have set it apart as a dependable and profitable business.
While this business has remained a steady source of income, the potential for future growth is significant. By expanding into formal dress design for both men and women, offering online consultations, or establishing an online store for accessories, a new owner can easily tap into additional revenue streams. Geographic expansion and a more aggressive digital marketing strategy could further enhance its reach and profitability.
This business is ideally suited for an experienced owner-operator who is ready to step into a well-established, turnkey operation. With retirement on the horizon, the current owner is looking for a passionate buyer to continue the legacy of providing top-notch tailoring services to the community.
Don’t miss out on this exceptional opportunity to own a profitable and trusted business with a strong community presence. For additional information, please contact Lis Robert.

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Property Features and Assets:

Square Units (Foot, Meter): 1,013

Lease Expiration Date: February 21, 2025, 12:00:00 AM

Terms Options: 5 year renewal

Facilities:Situated in a high-traffic strip center with ample parking and excellent visibility, the location plays a crucial role in attracting walk-in clientele. The surrounding area benefits from heavy foot traffic and easy access, making it a prime spot for continued business growth. Its convenient location has helped build a loyal customer base over the years, with little competition in the immediate area.

Market Competition and Expansion:

Expansion: 

Expand Service Offerings: Introduce new services like custom designs
Digital Marketing and Online Presence: Build a strong online presence through a professional website showcasing past work and customer testimonials.
Leverage social media platforms like Instagram and Facebook to highlight unique alterations, satisfied customers, and behind-the-scenes tailoring processes.
Online Consultations and Virtual Fittings: Offer virtual consultations for clients who cannot visit the shop.
Partner with Local Businesses: Collaborate with bridal shops, dry cleaners, or high-end clothing boutiques to create referral partnerships.
Offer Home Pickup and Delivery: Providing home pickup and delivery services can appeal to busy customers who prefer the convenience of at-home service.
Loyalty and Referral Programs: Create customer loyalty programs offering discounts after multiple services or referral bonuses for bringing in new clients.
Corporate Contracts: Secure contracts with local businesses, such as hotels or uniformed organizations, to provide consistent tailoring services for staff uniforms.

Reason for Selling:

Additional Details:

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