Tailor Alteration Shop for Sale

Hollywood, FL (Broward County)

Tailor Alteration Shop for Sale
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Asking Price: $85,000

Cash Flow: N/A

Gross Revenue: $120,872

EBITDA: N/A

FF&E: $25,000

Inventory: $5,000

Rent: $1,650 /Month

Established: 1997

Tailor Alteration Shop for Sale

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Business Description

Busy Tailor Shop for sale

Over 20 year in business at the same place. Owner will provide a transition to a new owner. Financial and tax returns available to serious buyers. No payroll. Two person to operate all the alterations. Space is approximately 900 sqft. Private restroom and office space and kithcen in the suite. Over $10K in monthly gross revenue. Great reputation. Very low overhead. All materials and equipment included. Turnkey. Looking for experienced tailors to take over the business. Lease payments for the shop is $1600/month. Great landlord of the building. New lease can be negotiated with new owners. Current owners are overwhelmed with other businesses they run. More details available

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
900
Lease Expiration:
N/A
Employees:
1
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
All machines, equipment, and materials included. All assets included in the sale.
Competition:
Highly reputable alteration shop in the area. Variety of service - Bespoke man and woman clothes- Suits, Dresses and so on. Alterations. Custom Windows Treatments - Drapery and Curtains, Cornices and so on. Interior Yacht design. Bedding, Cushions, Pillows, Table dresses-everything that could be done with a needle-makes the shop is very unique. The shop is located in a busy and accessible location.
Growth & Expansion:
Business has been run by two people. Simple hemming to custom wedding dresses and so on. Well established. Lots of regular customers. Can be added a drop of cleaning service and embroidery.
Financing:
Low overhead. Great cash flow. Average $8K monthly gross plus.
Support & Training:
Support and training offered to new owners.
Reason for Selling:
Owner is running a several businesses and would like to focus on others
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Business Listed By:
Mike

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