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Established & Well-Known Tailor Shop in Northern VA

Fairfax County, VA

Seller Financing Available
Established & Well-Known Tailor Shop in Northern VA
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Asking Price: $179,995

Cash Flow: $111,000

Gross Revenue: $314,769

EBITDA: N/A

FF&E: $20,000

Inventory: $1,000

Established: 1989

Established & Well-Known Tailor Shop in Northern VA

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Business Description

A consitently profitable and turn-key business!

Unique opportunity to own an established and well-known tailor shop located in one of Northern Virginia’s premier shopping malls. The business is ideally situated on the ground level just outside the entrance of a major department store. This location is ideal as the business sees a significant amount of daily foot traffic and benefits from a built in clientele of shoppers visiting the mall. The business also has developed a loyal following of customers who utilize their services on a regular basis.

The business has been providing tailoring, alterations, and dry cleaning services to the Northern Virginia area for over 30 years. They pride themselves on providing top notch services at competitive prices with reasonable turnaround times. This setup is ideal as the business has established itself as a one stop shop for any and all garment repairs and cleaning. There are 7 years remaining on the lease and ample opportunity for a new owner to take over and continue to build on long track record of profitability.

The owner does not do any of the actual tailoring work and employs a staff to handle all alterations and repairs. The dry cleaning segment is outsourced to a local plant. The owner is in the process of adding a made to measure clothing element to the business which will complement the existing services. Don’t miss this chance to take over a turnkey business that’s poised for continued growth.

Detailed Information

Location:
Fairfax County, VA
Inventory:
Included in asking price
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The business is situated on the ground floor of a prominent Northern Virginia shopping mall and is directly outside of a major anchor department store. The shop occupies roughly 700 square feet of space and includes a reception area, fitting rooms, and work room/back office.
Competition:
There is limited direct competition and this business is the exclusive shop for tailoring and dry cleaning services in the mall.
Growth & Expansion:
There is ample room for a new owner to continue to grow and expand the business. A new owner could increase services, add staff, or expand on marketing efforts to create more awareness of the business.
Financing:
Available depending on the final purchase price, terms and qualifications of buyer.
Support & Training:
Owner will provide necessary training and support.
Reason for Selling:
Owner is looking to pursue other business interests.
Business Website:
http://www.horizonbrokers.com
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(from currently available funds)
 
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Michael Wade

Business Listed By:
Michael Wade

Horizon Business Brokers, LLC

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Sponsoring Broker:
Dustin Zeher, CBI

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