Description

This business is a long-established and highly profitable men’s clothier and fine quality tailor shop located Boston.
The shop offers men’s ready to wear suits, blazers, slacks, and accessories such as ties, belts and cuff links. In addition, the shop features custom (made-to-measure) suits and shirts, as well as expert tailoring services and alterations. Renowned for its craftsmanship and personalized customer service, the shop offers a variety of fine fabrics from world renowned manufacturers.
Located in the heart of Boston’s busy Financial District, this busy shop caters to a loyal, upscale clientele consisting primarily of businessmen. Though well known locally for its custom suits and shirts, sales of high margin, ready to wear (“off-the-rack”) items constitute over 50% of gross sales.
Already highly profitable, an enterprising buyer would have numerous opportunities to grow the business. A new owner might try adding to the shop’s ready to wear product lines. A great “lifestyle” business, the shop nevertheless might open on weekends or expand store hours beyond 4:00 pm during the week. The use of some old school advertising, social media and email marketing would better leverage the Boston market, and presently there are no such efforts.
This turn-key shop would be ideal for a buyer having tailoring experience, or retail clothing experience (with the intention of hiring or otherwise contracting a tailor). The shop is suitable for a qualified, first time buyer or for an existing shop owner seeking to move into the Boston market, or perhaps consolidate tailoring operations with other locations.
Prospective candidates will be required to sign a Confidentiality Agreement. Further information will be disclosed to qualified buyers only.
Do not miss this rare opportunity!
All information, including, without limitation, that concerning gross sales, income and/or expenses has been provided by the seller, has not been independently verified by the broker, and is subject to "errors and omissions." The broker makes no representations or warranties whatsoever (either express or implied) concerning any of the information regarding the business. This business is subject to withdrawal from the market at any time, for any reason or for no reason.

Financial Summary

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