A Famous Australian Clothing Alterations Business For Sale

Business description

One of the most famous and biggest clothing alterations shops is up for sale. The business, located in Sydney CBD, is 12 year old and claims a large number of up-market clothing boutiques and celebrities as its precious customers. A large part of its alterations is for high margins wedding industry making it a very profitable venture.
The business has a tailored computer system which includes customer order management, production floor management, and cash flow management, and allows an overall effective and efficient management of all day to day operations.
The business employs 6 employees (part and full time) and is located in a 100 sqm location which allows the opportunity of doubling its operations without need to be relocated.
The business also owns a well established (5 years) and very successful website. To capitalize on its success, work is currently done on the website to introduce a buy and sell shop.

Property information

Real Estate:

Lease

Lease terms:

One year left plus three years option

Location:

Right in the heart of Sydney CBD

Other information

Expansion potential:

Accelerate the revenues growth on wedding and formal clothing alterations
Capitalize on the success of its website (high traffic, perfect positioning on the search results on the major search engines)by creating a buy-sell shop
Use the tailored IT system to create a franchising business

Support & training:

All support and training required

Reasons for selling:

Retiring

Trading hours:

9 AM to 6 PM Mon to Fri; Sat: 9 AM to 3 PM

Furniture / Fixtures value:

$150,000