About the Business

Business ID: XB164020

EXCELLENT PROFIT MARGINS – TURN OVER 447K –MULTIPLE INCOME STREAMS

Passionate about the art of sewing. This is your chance to acquire a profitable well- established and trusted sewing business in North Queensland – This business has multiple revenue streams from a diverse list of capabilities.

The large production room can accommodate jobs any size when it comes to indoor or outdoor furnishings. Over 20 industrial sewing machines and a 6m long cutting table with built in fabric roller and cutting knife.

This business maintains several high-profile contracts, and it is the place to go for fast on the spot reliable alterations, retails sales include haberdashery, sewing supplies and is the city’s largest dry-cleaning agency.

Owners are retiring, will stay on up to 4 weeks.

Business Highlights:

- Prime Location in close proximity of the CBD, providing a substantial customer base

- Premises (170 sqm) includes the retail shop, sewing room, production room, office, kitchen, fitting room, storage, toilets and off street under cover parking

- Trading 5.5 days a week, Turn over 440k, Net Profit 141K

- Extensive list of assets including dry cleaning racks, retail metal shelfing, and office equipment

- Performance enhancing software to track inventory, sales and customers.

- Online store and 2 web sites

- The latest high tech industrial sewing machines (20) and sewing related equipment.

- Inventory of haberdashery and sewing machine spare parts

- New Lease

There is an opportunity here to expand retail sales (instore and online) and production, supported by ongoing contracts with local hotels and companies. The business is already in talks with the Crystalbrook Hotel Group to produce lounge covers, shower curtains, ironing board covers, poolside day beds, and bean bags. Other options to boost revenue include setting up a Sewing School, importing haberdashery, and establishing national distribution for Jocky plant and equipment.

Price $125,000 WIWO