Location:
Melbourne - Greater > Victoria
Investment level:
$160,000
Type:
Business
Industry:
Retail > Specialty retail > Shopping centre
- Same owner for 13 years, selling due to retirement. - ONLY Alteration shop in the large shopping centre.
Northern Suburn
- Successfully operated by the current owner for over 13 years, with a strong reputation, loyal customer base and quality, well-maintained equipment.
- The only alterations shop within the shopping centre, benefiting from consistent customer demand, repeat business and referrals from neighbouring retailers.
- Highly profitable business with low cost of goods, reasonable rent and manageable operating expenses.
- Resilient to the growth of online shopping, as clothing alterations and repairs require hands-on services that cannot be replaced by online retailers.
- Training and handover available to ensure a smooth transition, although previous tailoring or alterations experience is preferred.
- Rare opportunity to acquire a long-established and reputable business with a proven trading history.
- Motivated vendor selling due to retirement.
Weekly Average Takings: $6,500
Asking Price: $160,000
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