HUMBLE, Texas
| Asking Price |
$260,000 |
Year Established |
2000 |
|
| Annual Revenue |
$291,861 |
Reason for Selling |
Other business interests |
|
| Annual P/L |
$0 |
Attention |
Son Nguyen |
|
| Annual Cash Flow |
$133,710 |
Listing Number |
1002289 |
|
| # of Employees |
2 |
Business Category |
Retail: Clothing & Accessories |
|
Business Overview:
Located in the vibrant Humble-Kingwood area, this established tailoring and alterations business has served the community for nearly two decades. Renowned for expert craftsmanship, quick turnaround, and outstanding customer service, it offers a full suite of services including formal wear alterations and custom tailoring.
Financial highlights:
-Consistent Revenue Growth: Gross sales increased from $250K in 2022 to $292K in 2024, averaging ~$275K annually
-Strong Profitability: Net profit rose from $66K to $95K over three years, with steady margins
-Robust Seller Discretionary Earnings (SDE): Averaged ~$119K annually, reaching $134K in 2024
-Lean Operations: Operating expenses held steady at ~34% of revenue
Add-Backs Include:
-Auto Expenses: $5,880 (2022), $7,367 (2023), $8,965 (2024)
-Owner Compensation: $35,344 (2022), $30,000 (2023 & 2024)
This turnkey operation is ideal for an experienced owner-operator seeking a recession-resistant business with deep community roots. The retiring owner is looking for a passionate buyer to continue the legacy and drive future growth.
Property Features and Assets:
Market Competition and Expansion:
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity