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Business For Sale
ALTERATION SHOP
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Asking Price: |
$55,000
USD USA Dollars
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Business for Sale Industry: |
Services: Dry Cleaning & Laundry
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Reason for Selling:
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Family matters. |
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Year Established:
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1984 |
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# of Employees:
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2 |
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Yearly Revenues:
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$93,000 |
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Yearly Net Profit:
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$56,000 |
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Monthly Payroll:
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$7,500 |
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Total Debt:
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$3,000 |
Business for Sale Overview:
Primary business is an Alteration shop; we do all kind of alteration, repair, and tailoring. Three people can work at the shop, great for a family or some one who owns a cleaner. This business was established 23 years ago. Business located on 10 Mile and Telegraph in the shop mall all the stores next to, are occupied. Also, we offer a pick up and drop off cleaning service. Every thing is set up, the cleaners picks up and delivers clothing the same day.
Property Features and Assets:
The shop is located in the plaza, next to Chinese restaurant, LA Insurance, Tanning Salon. Behind is a large parking lot which leads to a Secretary of State and a Power Gum House. The advantage is that it is a business area; a lot of big corporations are in the area. Most people work and it is convenient for them to use our services.
Market Competition and Expansion:
This business has a lot of potentials, now we only have 4 cleaners that we do hole sale alteration for, but there is many cleaners in the area who need a good tailor. Also, we do not do any advertising, but is would definitely be and big plus to run ads.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is willing to work for the new owner.
- This is not a homebased business opportunity.
- This may become a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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