MergerPlace

Profitable 20-Year Alterations Store

Florida (Broward)


  • Asking Price: $85,000
  • Gross Income: $67,782
  • Cash Flow: $44,555
  • Real Estate: Not Disclosed
  • Inventory: $2,000
  • FF&E: $5,000
  • Listing ID: #205944
  • Established: 1998
  • Employees: 1 FT/ 1 PT

Business Description

This is the little alterations and laundry drop-store that could!! Same location for over twenty years, excellent customer satisfaction and high quality work - these are some of the main qualities that make this store stand out from the rest. It services both residential and corporate clients. The seller is a seamstress and she also does wash and press in the premises. They also accept other complicated dry-cleaning jobs as drop-offs. May qualify for a VISA! Great long lease in an established commercial plaza with plenty of traffic and parking available.


Business Details

Primary Business Category: Retail Trade - Clothing
Location: Florida
County: Broward

Company Information

Year Established: 1998
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 1 FT/ 1 PT

Financial Information

Asking Price: $85,000
Gross Revenue: $67,782
Cash Flow: $44,555
FF&E: $5,000
Inventory: $2,000
Seller Financing Available: No

Property Information

Facilities:

Situated in a commercial plaza on a busy Broward County roadway, this alterations and wash/press/dry-cleaning store has been in business for over twenty years. They have a beautiful and cozy display, ample space for retail clothing display, wash and press room in the back, a lunch room as well as a large office. Long favorable lease in place.

Growth & expansion opportunities:

There is a good potential for growth as the community around the store is growing, both residential and commercial. Utilization of a website, direct mail and social media can take this business to the next level of growth.

Competition:

No other alteration/drop-off stores in the immediate vicinity.

Reason for selling:

Owner is retiring after 20 years at the same business and location.

Support & Training:

Will train for 2 weeks @ no cost. This successful and profitable business offers garment alterations, wash and press services, dry-cleaning drop-off services as well as garments are sold as retail here. Many options to choose for men and women are displayed in the front of the store. Seamstress skills are considered a plus and no particular licenses are required other than a city occupational license.

Contact Business Seller

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Business Listed By:

Anton Joro

Murphy Business Brokers