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- RE: Tailor, Alterations And Dry-Cleaning Business
- Contact: Mike Constant
Quick Facts
Asking Price: | $270,000 | |
Annual Revenue: | $448,162 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $162,628 | |
Total Debt: | Not Disclosed | |
FF&E: | $20,950 | |
Real Estate: | Not Disclosed | |
Year Established: | 2001 | |
Employees: | 4 | |
BBN Listing #: | 943746 | |
Broker Reference #: | 12-296 |
Business Overview:
*RECENTLY FEATURED IN THE WALL STREET JOURNAL!
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.
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Market Competition and Expansion:
Competition: 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.
Growth & Expansion: 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.
Reason for Selling:
Seller is relocating out of state.Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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