Long established Clothes Alterations Shopping Centre North Ref: 1662

3 days ago

Location:
Melbourne - Greater > Victoria

Investment level:
$160,000

Type:
Business

Industry:
Retail > Specialty retail > Shopping centre

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Internal Ref: 1662

Summary

- Same owner for 13 years, selling due to retirement. - ONLY Alteration shop in the large shopping centre.

Location Details

Northern Suburn

About the Business

- 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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