Established & Well-Known Tailor Shop in Northern VA

Contact Seller
A consitently profitable and turn-key business!
Asking Price:
$179,995

Gross Revenue:
$314,769
Cash Flow:
$111,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$1,000
included in asking price

FF&E:
$20,000
included in asking price

Real Estate:
 Not Disclosed

Share this business:

Business Description

Unique opportunity to own an established and well-known tailor shop located in one of Northern Virginia’s premier shopping malls. The business is ideally situated on the ground level just outside the entrance of a major department store. This location is ideal as the business sees a significant amount of daily foot traffic and benefits from a built in clientele of shoppers visiting the mall. The business also has developed a loyal following of customers who utilize their services on a regular basis.

The business has been providing tailoring, alterations, and dry cleaning services to the Northern Virginia area for over 30 years. They pride themselves on providing top notch services at competitive prices with reasonable turnaround times. This setup is ideal as the business has established itself as a one stop shop for any and all garment repairs and cleaning. There are 7 years remaining on the lease and ample opportunity for a new owner to take over and continue to build on long track record of profitability.

The owner does not do any of the actual tailoring work and employs a staff to handle all alterations and repairs. The dry cleaning segment is outsourced to a local plant. The owner is in the process of adding a made to measure clothing element to the business which will complement the existing services. Don’t miss this chance to take over a turnkey business that’s poised for continued growth.

About the Business

Location:
Fairfax County, Virginia
Year Established:
1989
Number of Employees:
3
Facilities:
The business is situated on the ground floor of a prominent Northern Virginia shopping mall and is directly outside of a major anchor department store. The shop occupies roughly 700 square feet of space and includes a reception area, fitting rooms, and work room/back office.
Website:
www.horizonbrokers.com
Market Outlook/
Competition:
There is limited direct competition and this business is the exclusive shop for tailoring and dry cleaning services in the mall.
Growth & Expansion:
There is ample room for a new owner to continue to grow and expand the business. A new owner could increase services, add staff, or expand on marketing efforts to create more awareness of the business.
Contact the Seller

About the Sale

Reason For Selling:
Owner is looking to pursue other business interests.
Training/Support:
Owner will provide necessary training and support.
Seller Financing:
Available depending on the final purchase price, terms and qualifications of buyer.

Listing Info

ID:
1657960
Ad Detail Views:
0

Contact the Seller
$
months
Please confirm you're not a robot
Contact the Seller
Business Listed by

Michael Wade

Horizon Business Brokers, LLC

 Show Phone Number

View My Active Listings
Sponsoring Broker:

Dustin Zeher, CBI
Horizon Business Brokers, LLC


Similar Listings


Report an Issue The information on this listing has been provided by either 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 full Terms & Conditions.