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- RE: Tailor Shop For Sale
- Contact: Kevin Chung
- License #: 567204
Quick Facts
Asking Price: | $550,000 | |
Annual Revenue: | $584,574 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $275,095 | |
Total Debt: | Not Disclosed | |
FF&E: | $15,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 1985 | |
Employees: | 6 | |
BBN Listing #: | 988788 | |
Broker Reference #: | #001485 |
Business Overview:
Tailor shop for sale! Well-established tailoring business in the northwest Dallas area available for acquisition! With over 40 years of service, this thriving shop has built a solid reputation for quality craftsmanship and fast turnaround times. Specializing in a wide range of tailoring services, including formal and bridal dresses, jackets, pants, shirts, and specialty items like leather and upholstery, this business has experienced steady, organic growth since its acquisition in 2015, primarily through referrals.
Located in a high-traffic shopping plaza with great visibility, the business benefits from a loyal, high-income clientele and continues to show consistent year-over-year growth, from $350,000 in 2021 to $585,000 in 2024. The shop is staffed by a skilled team of experienced tailors and is well-maintained with reliable equipment in place. With a strong community presence and no need for extensive marketing, this is an excellent opportunity for a buyer to take over a profitable, and consistently growing business.
This business is ideal for an owner-operator or someone looking to build on an already successful business, for those who has an experience in the alteration industry but for also for those who doesn't necessarily have an experience, since the business is fully staffed with long tenured and experienced tailors,
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Property Features and Assets:
Located in the highly visible and accessible shopping plaza in a northwest Dallas area, this tailor shop enjoys a prime position, surrounded by a variety of retail stores and dining options. The business relocated to this location six years ago, providing a fresh and prime spot for continued growth. / Inventory: Not Disclosed.
Market Competition and Expansion:
Competition: While there is some competition in the area, with only two other tailoring businesses nearby. This tailor shop stands out with quality service, a great reputation, and a loyal customer base built over many years. / Growth and Expansion: Growth could be accelerated with further marketing efforts, and by implementing an app/software to notify customers of the status of their garments. Additionally, the business could include drop-off service.
Reason for Selling:
RetirementAdditional 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
Documents:
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