Alteration for Wedding Graduation dress
Business Description
This is a specialized alteration shop that focuses exclusively on clothing repairs. In particular, the business handles only special garments—such as wedding dresses and graduation gowns—performing specific adjustments like waistline alterations, hemming, and other sizing modifications. While the work itself is not particularly difficult, it commands high rates. The shop is open Monday through Friday; however, it closes completely for the entire month of December to allow the owner to visit their home country. Business hours are from 10:00 AM to 5:00 PM. The shop has been in operation for 20 years; last year, it generated $200,000 in revenue over an 11-month period. Expenses include $1,000 per month for rent (totaling $12,000 annually), $3,000 for utilities, and approximately $5,000 for miscellaneous costs—bringing total annual expenses to $20,000. This leaves a net profit of $170,000 to $180,000. There are no employees, and much of the work can even be performed from home. It is truly an excellent business opportunity. The owner is selling it at a discounted price because they intend to return to their home country permanently. The asking price is $139,000, requiring a down payment of approximately $70,000, with the remaining balance available as a 3-year owner-financed loan at a 7% annual interest rate. This prime location is situated within a shopping center in Media, Pennsylvania. Even if you do not wish to perform the alterations yourself, this business serves as an excellent investment opportunity; you could hire a professional tailor and split the profits 50/50. A 5-year lease is available, though the specific terms would need to be negotiated in advance. It is a truly comfortable and manageable business to run. Note: The shop does not handle dry cleaning, standard suit tailoring, or any services other than specialized clothing alterations.
About the Business
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 800
- Rent
- $1,000.00 per month
About the Sale
- Seller Motivation
- Move to oversea
Listing Info
- ID
- 2491971
- Listing Views
- 12
Attached DocumentsAttachment Disclaimer
Listing ID: 2491971 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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