Alterations - Sewing - Clothing Alterations- Retail - Wedding - Wedding - Sewing - Clothing Alterations - Sydney CBD - Retail - Street level - SF1510

Industry: Professional - All, Professional - Brokerage, Professional - All, Professional - Brokerage | Listed by: SBX Business Brokers


Key Strengths:


About the business

Alterations - Sewing - Clothing Alterations- Retail - Wedding - Sydney CBD - Agent SBX Code Number: SF1510

Retail - Alterations - Wedding alterations and Sewing- Under contract - One of the well known alterations shops in Sydney CBD - This business has a large number of upmarket clothing boutiques and celebrities as its customers. - A large part of its alterations is for the high margin wedding industry. Sales shown are weekly average Jan - June 2021 -Well established for over 27 years by same owner

Potential
A great opportunity - Lots of potential to increase social media presence - Do some local marketing to increase customers

Features
A very successful website. - A tailored computer system which is well advanced. - Very profitable. - Good systems in place and a tailored computer business management system-Well established for over 27 years by same owner - High quality premises.

Premises
This business has an area of 100 sq. mts.

Location
Situated in heart of Sydney C.B.D. on the streetfront, next to large retail department store and surrounded by retail and offices.

Trading Hours
6 days - Mon. - Fri 8 a.m. - 6 p.m. - Sat. 9 a.m. - 3 p.m.

Lease
Expires March 2025 - 3.5 % Increases - 3 Month Bond.

Employees
1 owner + 3-4 employees depending on work load .

Comments
Miscell. - 1 - Other general expenses and gst. They have recently commenced selling second hand wedding dresses on line. -The website is on the top of the search results on the major search engines Half of its alterations are high margins in the wedding industry, making it a very profitable venture. Current staff have been with the business for over 3 years. - Full training can be provided. -

Figures
Weekly Sales $9500
Rent (ex GST) $1393
Wages $3900
Profit $3087


Agent SBX Code Number: SF1510 - SBX Business Brokers
Know someone that could be interested in this?
Asking Price:
$98,000
Yearly Profit :

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Country

Australia

State

New South Wales

Suburb

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Postcode

2000

Locality

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Established on
1988

Revenue

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EBITDA

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No. of employees

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Lease period

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Stock

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Contact Details Verified

EmailEmail Address

Email Broker Verified

Advertiser Details
Company Logo
New South Wales
Australia
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