New South Wales

Profitable Iconic Clothes Alterations & Repairs Business For Sale

For Sale | $99,000

Clothing/Accessories Clothing/Footwear Retailer

PRICE REDUCED by $50k NOW ASKING $99,000

Established for 71 years Owner's earnings $145k+
This business was established in 1950 and has traded profitably since. The business consists of 1 shop located in one of East Sydney's Most affluent Suburbs.
The business has a diversity of products and services. Its main business line is alterations and repairs, including Highly delicate items such as wedding gowns, formal wear, business attire, suits and occasion dresses. The business also sells retail haberdashery items and has a dry cleaning service.
Reasons to buy:
• Highly Profitable Business. Excellent ROI
• Well established business & brand
• Suits someone with tailoring or Dressmaking experience
• Good lease terms available
• Low asking price
• The vendor is eager to sell. Looking to retire
• Good contract workers who are happy to remain
• An Owner/Manager with marketing skills can improve further
• An ambitious owner can capitalise on the brand and improve sales
• Current owner is happy to do a slow handover.

This business is suitable for a husband & wife team with Clothing experience who wish to enjoy higher incomes with a small investment. Or someone who is looking for a good rewarding opportunity that can be further improved by modernising it's marketing approach. Current owner has never advertised and does very well via customer referrals & word n mouth.

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Frank Sassin



Marketing By


Frank Sassin

Business Brokers Network

Overview

This Clothing/Accessories Business is one of 163 businesses for sale in Sydney Streets, New South Wales, and one of 2 Clothing/Accessories Businesses in this region that a business for sale currently has on offer. This Clothing/Accessories Business is for sale in Sydney Streets for the asking price of $99,000 and has been marketed for a while and is definitely worth another look as it is sure to be snapped up soon..