Owner Financing is Available!
Business Overview:
PRICE REDUCED - Long established Men's Tailor shop located in a busy coastal shopping plaza. Over 28 years in same location. Currently seller operates part time and is open only 4 days per week for 6 hours per day. Many customers go back 30 years. Several ladies wear stores close by that could be source of increased business. Could easily double revenue in a short period of time.
NOW OFFERED AT ONLY $35,000.
Premises are leased month to month, however landlord has indicated would consider new lease for 3-5 years at current market rent of between $2.75 - $3.00 per sq. ft. with possible option to renew. Great street exposure on busy coastal street.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
Long established Men's Tailor shop located in a busy coastal shopping plaza. Over 28 years in same location. Premises are leased month to month, however landlord has indicated would consider new lease for 3-5 years at current market rent of between $2.75 - $3.00 per sq ft. with possible option to renew. Great street exposure on busy coastal street.
Seller will train for 2 weeks @ 20 hours per week.
Market Competition and Expansion:
Business located in prime shopping plaza close to several ladies clothing stores. Offers opportunity to expand business into ladies alterations.
Currently seller operates part time and is open only 4 days per week for 6 hours per day. Many customers go back 30 years. Great opportunity for expansion. Several ladies wear stores close by that could be source of increased business. Could easily double revenue in a short period of time. NOW OFFERED AT ONLY $35,000
Reason for Selling:
Wants to retire.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
Resources: