Best Dress And Alteration Shop In Town

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Listing ID: 700209309

Listing Title: Best Dress And Alteration Shop In Town

Quick Link: http://www.globalbx.com/listing.asp?bId=209309

Industry: Retail

Industry Segment: Clothing and Footwear Retail

Country: United States

State / Province: Georgia

Area

City: Thomasville

Asking Price Range: < $250K

Gross Revenues: $65,000

Cash Flow: $40,000

Cash Flow Type: Sellers Discretionary Cash

Year Established: 2007

Number of Employees: 1 - 3

Business Description:
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



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