Good Alteration shop, SBA approved and high income, Good location

Sale Pending

Asking Price$190,000

Cash Flow
$240,000

EBITDA$360,000

Gross Revenue$360,000

Inventory$10,000
Included in asking price
FF&E$50,000
Included in asking price
Real EstateNot Disclosed

listing imageSave

Good Alteration shop, SBA approved and high income, Good location


Sale Pending

Asking Price$190,000

Cash Flow
$240,000

EBITDA$360,000

Gross Revenue$360,000

Inventory$10,000
Included in asking price
FF&E$50,000
Included in asking price
Real EstateNot Disclosed

Business Description
This Tailor shop has long history about 20 years and very good location.
Owner is vey old and ready to retire.
Yearly gross selling is $ 360,000 and monthly net income is almost $20,000 and $240,000 yearly.
I know owner has many year experience . But if you want to learn, he will teach you and work for you for many months.
Location is really hot and rich people area and you can make money if you have skill.
He is over 80 years old but making money good and been doing long time.
About the Business
Years in Operation
23
Employees
3
Market Outlook / Competition
Good and hot location and have some competition but this tailor shop is famous and many people knows.
Opportunities for Growth
Seller is old and ready to retire but if you are young, more advertising and you can expand more and possibility.
About the Sale
Seller Motivation
Ready to retire (Over 80 years old)
Transition Support
They will train you until how to do and seller will work for many month or more.
Listing Info
ID
2354171
Listing Views
1257

Contact Seller

By clicking the button, you agree to BizQuest's Terms of Use and Privacy Notice.

Business Listed by: Richard Choi Good Partner Commercial Real Estate Team

Listing ID: 2354171 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 of Use. Learn how to avoid scams.