Custom High-End Tailor Shop
| Asking Price: | $395,000 |
| Gross Revenue: | $255,000 |
| FF&E: | $20,000 |
| Cash Flow: | $150,000 |
| Rent: | $13,500/Year |
| Established Year: | 2013 |
This one checks all the boxes: a good business, in a good location, that is very profitable and has great reviews from satisfied customers. This business is profitable enough that you could run it yourself or hire an experienced tailor to work for you.
They offer general tailor services and they get very highly rated online reviews on Google and Yelp. They are located right in the middle of town so there is lots of traffic. In this business since most of the cost is for labor, profit margins are extremely high. Their specialty is custom clothing, predominantly mens, but they also do women's shortening of dresses. They actually farm this service out so a new owner does not necessarily need to know how to do this.
They just started generating new revenue by doing custom logos on the inside jacket lining, there could be a lot of potential to expand this segment of the business nationally. This is more of a commercial focus that they just started doing last year. This includes doing corporate logos, sports logos, fraternities and sororities, high schools, etc- this could be a very significant addition to the business for a new owner.
This great price includes all the machines, mannequins, and fabrics used in the business.
