BUSINESS TYPE: Top-Level Retail Tailoring Shop SBA Approved
LOCATION: Sacramento Area
LISTING ID#: 6328
This very successful company is a mainstay in the Sacramento area retail tailoring market. Since 1989, this family-operated small business has provided top-level of service with consistently high quality at a reasonable price. They have built a following through referrals from countless loyal customers and from high-end department stores like Nordstrom, Macy’s, and Burberry. Over the years, the company’s reputation for expert alterations has drawn customers from as far away as San Francisco and Nevada.
The company’s revenues increased 9.4% in 2015 and 5.8% in 2016. Because of its competitive prices, stellar reputation, and location in an expanding area, this tailoring business is positioned for potential growth.
This business has been SBA Pre-Approved- $70,000 (20% down), plus loan fees, $3252 monthly payment at current rate, 10 year term. Buyer must qualify.
Please reply with a description of your business background, the type and size of business you seek to acquire, when you plan to purchase a business, your investment capability, and your interest in this business.
Asking Price: $350,000
Gross Income: $463,931
Cash Flow: $157,835
FFE: (Included in Price)
Inventory: (Included in Price)
Reason For Sale: Retirement
Training & Support: Training Included
Year Established: 1989
Days & Hours of Operation: M-F: 9am-6pm, Sat: 9am-noon, Sun: Close
Employees: 4 FT, 1 – PT
General Location: Sacramento Area
Square Footage: 1,000 SF
Home Based?: No