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Best Dress And Alteration Shop In Town
Location: United States -> Georgia -> Thomasville
Industry: Retail > Clothing and Footwear Retail

Business Summary

This well reknown 6 year old alteration shop is in an excellent location in the largest strip mall in town. It is a very profitable business with low overhead and in a great location with high foot traffic in a busy shopping center with restaurants, a movie theater, and three department stores. The major business is alterations and is known as the go to location for alterations in the area. If the new owner continues the alteration business and expands the retail dress business through advertising, potential sales & cash flow can significantly increase.

When operated at full time, gross revenue exceeded 120K in 2009. Previous owner moved at that time, and new owner kept up operations, but drastically reduced hours. It is only open part time due to current owner's commute and health, but could easily grow 50% in the first year in the right hands. Simply by expanding the currently limited 37 hours of operation will greatly help to expand revenue as well. Current revenue growth is 7% over last year.

It is the only reliable shop in the area and has a great reputation in serving customer needs, and has several contracts serving a department store and dry cleaner.

Great owner operator potential! Don?t miss this opportunity!

Asking $35,000 or best offer. Serious inquiries only.

About the Business
Year Established: 2007
Number of Employees: 1 PTE
Facilities: 1200 sq ft: Facility includes two dressing rooms, large display area, separated work areas, restroom and breakroom.
Market Outlook/Competition: Extremely high growth potential as exhibited in past sales when operated at full time, competitors are not well known, nor are they as dependable as this shop
About the Sale
Reason For Selling: Health
Training/Support: Provide 1 week of training
Gross Revenue Comments: Operating on part time schedule; Could exceed 155K on full time schedule
Cash Flow Comments: Could make 100K on full time schedule
Seller Financing: 29K down, 1K per m


Asking Price Range:  < $250K
Gross Revenues:   $65,000
Cash Flow:   $40,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $8,000
Seller Financing:  Yes

About The Business

Year Established:  2007
Number of Employees:  1 - 3
Relocatable:  Not Disclosed
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease


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Best Dress And Alteration Shop In Town Photo 1

Print Listing Id: 700209309
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