Tailor Shop in a High Traffic Area
Somerset County, New Jersey
Asking Price: |
Gross: |
Cash Flow: |
$39,000 |
$40,500 |
$27,625 |
Furniture and Fixtures Value:
$20,000 (included in the asking price)
Inventory Value:
$200 (included in the asking price)
Business Summary:
Expert Tailor Shop in the heart of a bustling town. Lots of "foot" traffic. Plenty of free street parking along with a back lot. Very competitive pricing for high quality work. Furniture, Fixtures, & Equipment valued @ $20,000 included in sale. Landlord is willing to offer a long term lease to qualified buyers. A new owner can expand the stores' hours by being open more days along with having 1 or 2 "late" nights. It'd be advantageous to do more advertising & also some promotions to increase profits. Some additional church bulletin advertising would be a plus. Contact Seth Kain @ 201-317-4710 for additional information & showing.
|
|
|
|
|
|
Year
Business was Established: 2 |
|
|
Number of Employees:
1PT |
|
|
|
Facilities / Terms of Lease:
650 sq. ft.; all Furniture, Fixtures & Equipment are in very good condition & are included in sale. Small parking lot out back along with plenty of free street parking. The present owner has a 5 year lease with 3 ½ years remaining. Landlord will offer a long term lease if a new tenant prefers that. |
|
|
|
Potential
Growth/Expansion:
A new owner can expand the stores’ hours by being open more days each week. Increasing advertising & promotions should increase revenue & profits. It’d be a good idea to advertise in more church bulletins, which the present owner has been doing. |
|
|
|
Competition:
Very minimal area competition. |
|
|
|
Owner
willing to finance:
There’s no owner financing available at this time |
|
|
|
Owner
willing to train:
A minimum of 2 weeks at no cost to new buyer. |
|
|
|
Reason for selling:
Owner needs to devote more time for her family |
|
|
|
REQUEST MORE INFO |
|
|