The business was founded in 1995 to provide Alterations, Tuxedo Rentals/Sales and Dry Cleaning Services and is still owned and managed by the original owner. The owner through experience, expertise and hard work has established a successful business venture, the business offers the services of three distinct businesses within one, they have many loyal and established repeat customers that continue to utilize their services on a regular basics. In addition to regular alterations services they provide custom alterations for all types of garments including wedding dresses and gowns This is a turn key business opportunity that is very much in demand it truly is a (one stop shop} for all garments needs. Nothing is needed to operate this business, everything required is included in the sale, including $80,000 in inventory. A new owner can start earning income from the 1st day. Current employees will stay on after the sale if new owner wants them to stay. Due to health issues and wanting to retire the owner is motivated to sell. Contact me today for a complete profile on the business operation including the business location etc. Note! This business is well established and offers multiple income streams.
About the Business
Maricopa County, Arizona
Number of Employees:
Building Sq. Ft.:
$1,850.00 Per Month
The business is located in a upscale shopping center with plenty of parking spaces and foot traffic. has a large sign in front that can be seen from the road in front where thousands of cars travel daily.
Seller will provide 30 days training after the close of escrow at no cost to the buyer. In addition current employees would stay on if the new owner wanted them to, this would make it easy to take the business over and operate without any problems.
Seller will consider financing with 50% down payment.
Ad Detail Views:
Asking Price: $150,000 Gross Revenue: $314,000Cash Flow: $77,933 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $80,000 included in asking priceFF&E: $12,500 included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
Established Alterations Tux Rentals & Dry Cleaning
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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
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