Well Established Tailor shop with Tuxedo Rental

Quincy, MA (Barnstable County)

Seller Financing Available
Well Established Tailor shop with Tuxedo Rental

Asking Price:$25,000

Cash Flow:N/A

Gross Revenue:$50,000

EBITDA:N/A

FF&E:$3,000

Inventory:N/A

Established:1980

Well Established Tailor shop with Tuxedo Rental

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Business Description

This long established tailor shop offers a great opportunity for someone that has tailoring experience. Solid sales of over $50,000, very low rent, excellent location, everything is included. Can easily add more items to increase sales if desired.

Detailed Information

Inventory:
Included in asking price
Employees:
1
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This Tailor Shop & Tuxedo Rental Business has been in the same location 35 years. The business sells and rents Tuxedos, do men's and women's clothing alterations, and alter wedding and brides maid and prom gowns. The business is located on a very busy street with plenty of up front parking in Quincy, MA. It is a simple business to operate , uses only a few pieces of equipment, has little inventory and plenty of repeat customers. Last year the business increased 18% over the previous year and this year the business is expected to increase again. The business is open 5 days/week. Hours are 10:00 to 5:00, Saturday 10:00 to 2:00, closed Wednesday & Sunday. The Owner works full time with a part-time seamstress. The equipment includes 4 machines for alterations, irons, vacuum table and tuxedo jackets, pants, shirts, shoes etc. The value of the equipment, improvements and tuxedos is +/- $10,000. Owner financing available
Competition:
Prime location, excellent reputation on a busy road and very little competition in the area.
Growth & Expansion:
Business has plenty of room for expansion and can easily add retail products and even clothing if desired.
Support & Training:
Owner will offer full training and support as needed.

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Robert Devaney

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Robert Devaney

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