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Tailor Shop and Retail Clothing Store in Westchester County

Off-Market

Larchmont, NY

Tailor Shop & Retail Clothing Store

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Revenue

$1,100,000

Earnings (SDE)

$700,000

Margin

63.6%

Year Established

1986

Listed

30+ Days

Customers

Residents in the local area, high repeat customer rate.

Customer Acquisition

Reputation and repeat customers.

Team

2 tailors

Owner's Role

Owner works full time in the business handling sales, customer service, and sourcing.

Reason for Selling

Time to retire. I've been in the industry for 40 years.

Real Estate

8-year lease on a 1,000 sq. foot property downtown.

When Are You Looking to Sell

6-12 months

Licenses Required

No

Additional Notes

The store is a mix of custom tailoring and off-the-rack clothing, including jeans, belts, sweaters, and shirts. The business does about 50% of its sales in custom tailoring, which is sent out to a factory in Malaysia. The business takes about a 200% markup on customer orders.

Business ID: 1313

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