Custom Clothing Tailoring

Not Disclosed, NJ
Morris County


Asking Price: Annual Revenue:
$195,000 $350,000

Retail: Non-classifiable


Request More Information
Contact the Seller

RE: Custom Clothing Tailoring Broker: Ron Cervelli

Quick Facts

Asking Price: $195,000
Annual Revenue: $350,000
Net Profit: Not Disclosed
Cash Flow: $88,000
Total Debt: Not Disclosed
FF&E: $45,000
Real Estate: Not Disclosed
Year Established: 1960
Employees: 1
BBN Listing #: 58683909
Broker Reference #: RETL370

Email, Print & Share

Request More Information
Contact the Seller


Business Overview:

Solid business opportunity to own this long-standing successful retail clothing tailoring company that supplies numerous services including, customizing men’s, women’s and children’s clothing. The owner is now retiring after many years in the industry and will finance the sale to a qualified buyer. This retail company routinely has one-part time employees who is unaware of the pending sale. The payroll which is for the tailor is routinely based on piece work, the staff is fully expected to remain post-closing, and the monthly payroll expense is approximately $800. The business transaction has an assignable commercial lease which expires 2021-01-01, plus additional options available, with a monthly rent of $3,028, cost per square foot is estimated at $33.03, and rent security of approximately $5,000. The yearly gross income represented by the seller owner is $350,000 and the business has a yearly net income of approximately $88,000 based on an onsite owner operator and prior to any debt service. Also, due to a percentage of possible seller discretionary income, a formal due diligence is required by the purchaser. This is a dependable safe business opportunity. Please do not disturb business, this sale is confidential, the employees are Unaware of the pending sale, all viewings are by appointment only and the photo does Not represent this particular business opportunity.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

The business retail facility which consist of approximately 1,100 square feet has an attractive professional appearance to the customers it serves. The business is on an active commercial avenue with various other successful businesses. This opportunity is in Northern New Jersey, Morris County, and the general area consists of various private companies and numerous workers & shoppers. The general area is made up of various affluent and highly populated communities with continued demand for this industry.

Market Competition and Expansion:

To the best of our knowledge, due to various circumstances, no other new competitors are expected near to this business. Additionally, the owner has agreed to supply an appropriate non-compete agreement to the purchaser. The business can be further expanded by the new operator. The company presently has a limited marketing plan, no local advertising or web site and if improved can further develop the business yearly gross sales.

Reason for Selling:

Owner desires to retire after many years in the industry.

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.

Relevant Links:

Request More Information
Contact the Seller



BusinessBroker.net is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!