clothing alterationClothing AlterationsDry CleaningFashionFormal WearRetailTailor
$ 150,000
$150,000 plus stock on hand at settlement
$ 150,000
$150,000 plus stock on hand at settlement - Post Updated: 2023-09-25 16:23:47
- Status: For Sale
- Type: Businesses For Sale
- Location: South Australia
- Business ID: BS151475
Description
MULTIPLE INCOME STREAMS – STRONG REPEAT BUSINESS
This is the perfect opportunity for someone passionate about fashion – or an investor looking for a good return with growth potential.
SA Tailors and Drapers is very well known for its excellent custom-made garments and customer service – attracting a very high level of repeat business. The business offers multiple income streams, a prime location, and the opportunity to expand if so desired.
BUSINESS HIGHLIGHTS
- Established by the current owners in January 2013
- ANNUAL TURNOVER:(2022-2023) $160,000
- One Stop Shop for men – Wide range of ready-to-wear suits, shirts, ties, vests, shoes, cufflinks, and belts
- Custom-made garments for men and women using high-quality fabric from London and Bangkok
- Alteration service, fabric sales and dry-cleaning service
- Strong repeat trade due to excellent customer service – and premium fabric at affordable prices
- Prime location in the heart of Goodwood – Easily accessible to foot and road traffic
- Premises 78 sqm with kitchen area, private facilities and 3 parking spaces
- Nearly $30k of assets – including 6 sewing machines ($12k), Shop fittings ($16k), Electrical equipment and more
- Excellent WOM marketing – plus social media, Google ads and website: www.satailorsanddrapers.com
- Future growth potential through extending trading hours, hiring staff, adding more women’s fashion and more.
PRICE: $150,000 plus stock on hand at settlement
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State
- State: South Australia