Academy Tailor Shop

Asking Price$90,000

Cash Flow
$75,000

EBITDA$90,000

Gross Revenue$90,000

Inventory$12,000
Not included in asking price
FF&E$20,000
Included in asking price
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Academy Tailor Shop


Asking Price$90,000

Cash Flow
$75,000

EBITDA$90,000

Gross Revenue$90,000

Inventory$12,000
Not included in asking price
FF&E$20,000
Included in asking price
Business Description
Hello! If you are looking to purchase a business that makes around $75,000 take home revenue per year with only one employee then this is the buy for you. Noe's Academy tailor shop sits on busy and beautiful Colorado Blvd in Pasadena. The shop has a wonderful natural lighting and 3 store fronts. The workload is never short, in all seasons there is demand for suit, pant, and dress alterations which is the majority of work done. Purchase of the shop comes with all machinery, tools, threads, dressing rooms, and extensive inventory of sellable ties, dress shirts, and cufflinks, totaling about $32,000. Rent for as long as we can get you in on it is $1100 a month for 1176 Sqft, two bathrooms, 4 large spaces, and 3 storefronts. Now is the best time to buy! Interest rates just went down and if you need a loan its very cheap right now.
About the Business
Years in Operation
39
Number of Employees
1
Facilities & Assets
Dressing rooms, mirrors, glass display cases, counter tops, sewing machines, threads, a variety of expensive dress clothes, plenty of room to hang clothes on racks, sofas, chairs, plenty of tables. Shop has two nice storefronts and then a third opening to the street to the side as well.
Market Outlook / Competition
There is so much demand for this work that you will always have work. Business is in a prime, WEALTHY, location as well.
Opportunities for Growth
If you added a second tailor you could take on more work and honestly double revenue. We do not have the capacity to do it at this time.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
1,176
Rent
$1,100.00 per month
About the Sale
Seller Motivation
Retirement
Transition Support
Willing to introduce you to long time customers for about two months. Would prefer an experienced tailor to take over.
Financing Options
Would like most of the money paid up front, some financing available.
Listing Info
ID
2304905
Listing Views
1816
Business Location

Contact Seller

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Business Listed by: Carlos Jaime

Listing ID: 2304905 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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