Description
Don't miss your chance to take over an established tailor shop that has been in business for over 27 years. This Birmingham Tailor shop is well known and located in the desirable downtown area, right next to the famous Daxton Hotel. The sale is for the business only and includes the furniture and equipment. The storefront features a shop area with 2 dressing rooms, a back work area, a kitchen, and a bathroom. There is designated parking in the structure next to the store, along with additional guest parking. The shop's rent is 1,200 per month triple net lease. A long-term lease is in place, which is renewable for any desired length. Net profit after paying all expenses is $110,000 a year. Buyers must be knowledgeable in tailoring or be partnered with someone experienced to run this goldmine of a business. Hours for the shop are 9:00 am to 5:00 pm, closed on Sunday and Monday. Selling only for cash, no land contract please.
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0BEDS
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N/AACRES
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0BATHS
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01/2 BATHS
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700SQFT
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$107$/SQFT
Description
Don't miss your chance to take over an established tailor shop that has been in business for over 27 years. This Birmingham Tailor shop is well known and located in the desirable downtown area, right next to the famous Daxton Hotel. The sale is for the business only and includes the furniture and equipment. The storefront features a shop area with 2 dressing rooms, a back work area, a kitchen, and a bathroom. There is designated parking in the structure next to the store, along with additional guest parking. The shop's rent is 1,200 per month triple net lease. A long-term lease is in place, which is renewable for any desired length. Net profit after paying all expenses is $110,000 a year. Buyers must be knowledgeable in tailoring or be partnered with someone experienced to run this goldmine of a business. Hours for the shop are 9:00 am to 5:00 pm, closed on Sunday and Monday. Selling only for cash, no land contract please.
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IDX provided courtesy of Realcomp II Ltd., via Re/Max First: (248) 375-4000 and Realcomp, ©2023 Realcomp II Ltd. Shareholders.