Well-Established Tailor, Alterations and Dry-Cleaning Business

Missouri

Seller Financing Available

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Asking Price:$270,000
Gross Revenue:$448,162
FF&E:$20,950
Cash Flow:$162,628
Inventory:$11,100
Established Year:2001
BUSINESS DESCRIPTION

*Recently featured in the WALL STREET JOURNAL!

This tailor, alterations and dry-cleaning business has been serving the area for over 40 years. It is in a great location with a loyal customer base, having contracts with a national clothing label and a luxury boutique hotel. They also work with high-profile sports figures and celebrities.
From business wear to suits, shirt laundry, dresses, wedding dresses, formal attire, athletic wear, leather, furs to bedding and comforters, they can do it all.
Customer satisfaction is their #1 goal, along with careful handling of garments and quick turn arounds with friendly personalized service.


DETAILED INFORMATION
Location
Relocatable
Inventory
Included in asking price
Employees
4
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Competition
There are only a handful of professional tailor shops in the area. The shop is in a great location and has a stellar reputation. They also have an existing contract with a major retail label.
Growth & Expansion
A new owner can increase revenue by offering tuxedo rental and custom suits and dresses. An advertising campaign could help increase revenue. Currently this shop relies on their reputation and word of mouth.
Financing
Seller will offer some seller financing with a qualified buyer.
Support & Training
Seller will provide adequate training to ensure a smooth transition.
Reason for Selling
Seller is relocating out of state.
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Mike
Constant
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Mike Constant