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BUSINESS FOR SALE - PROFILE #  42060322

Profitable Tailor Shop in Collin County TX
Dallas North Suburb

Asking Price: $279,000   Down Payment: $279,000  
Gross Revenue: $428,129   Adj. Cash Flow*: $130,891  
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Executive Summary
ESTABLISHED & VERY PROFITABLE - This skilled tailor & alteration business is a 17-year-old, highly successful business that specializes in custom tailoring, alterations & design. They are especially known for their intricate bead work and embellishments to evening gowns, wedding dresses and formal wear. In fact, they are the tailor of choice for many bridal shops, beauty pageant contestants and brides to be. This business has established themselves as the premier tailor shop, providing intricate tailoring on high end apparel in this desirable demographic location. They pride themselves in providing high quality work and delivering on time, every time to their customers whether they are individuals, bridal shops, or apparel retailers. Marketing has been greatly enhanced by the current owner with establishing a website and having an on-line presence with Facebook, Instagram & Google. A new owner who operates the business full time(current owner semi-absentee) can enhance the revenue & profit by applying more resources to marketing the business(i.e., Chamber of Commerce, Networking Groups) and by increasing the amount of bridal shops who need talented tailoring & alteration services. The owner of this business is engaged full time in the health care industry and his services are need more than ever by his hospital. The owner is committed to assisting new ownership for a smooth & successful transition of the business. For more detailed information please submit an inquiry via the website you are viewing the listing or contact Jeff Goldblatt by using the following email; jeffg@vrdallas.com.

Acquisition Highlights

  • Long term sucessful tailor shop known for intricate, quality tailoring & alteration services whether the service is for bridal gowns, evening wear or tailored clothing. Simply the best needlework in town.
  • Very profitable business, would be even more profitable if purchased by someone who could be a full time operator.
  • Newly refreshed, this is a turn key business
  • Opened in 2003 and owned until 2019 when it was sold to a semi-absentee owner. This owner is finding it difficult to mange his full time job as a registered nurse, husband, father & business owner. With Covid occuring in March of 2020, his time is complicated by the extended working hours as a nurse.
  • This business is not a franchise
Business Synopsis

Asset Information (estimated fair market value)

Established in: 2003 Inventory:
Furniture, Fixtures & Equipment:
Lease/Rent: $2,091 Real Estate:
Building Sq Ft: 939
    Total Assets Included in Sale:
 
* Adj. Cash Flow -  Recasting provides an economic view of the company and allows meaningful comparison with other investment opportunities.
Additional business details are available to Principals only. You will be required to document your ability to complete the proposed transaction.  Please use this link to request more INFORMATION which will be sent to the listing office.
DISCLAIMER: All information contained in this document has been provided by the subject company or its agent, and while believed to be correct has not been verified. Accordingly, we makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that we shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by us of this document. At all times we are an agent for the seller and not for the buyer unless a specific agreement exists for us to act as the buyer's agent.

FOR MORE INFORMATION:

Contact:  Larry Lane
Phone:  (214) 733-8282
Fax:  (972) 542-7644
E-mail:  llane@vrdallas.com
VR Business Brokers - North Dallas, TX
17120 Dallas Pkwy
Ste 240
Dallas, TX 75248
www.vrdallas.com
The above company and/or agent is a licensed real estate broker/and or a business broker.
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