Established Alteration Business
Established as an Alteration Business location for 34 years.
Present owner at this location since 2003 and ready to retire. Asking price is based on approximately 3 times average net income. Stock inventory (approximately $1,000) and equipment inventory (approximately $20,000) are to be inventoried/paid outside of escrow (in addition to the price paid for the business opportunity).
Hours of operation are 8 a.m.to 5 p.m. Weekdays. Owner works 40+ hours weekly.
Very good monthly rental rate of $861 per month includes utilities; no CAMs. Confidentiality Agreement required for further financial information.
Plenty of demand for this service that would warrant new owner expanding (adding employees/days of operation). PLEASE do not go direct. Agreement not to compete included. City business and Resale licenses required.
Updated: March 14, 2018
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