Established as an Alteration Business

$60,000

1017 Carson, South Lake Tahoe, 96150 | 01/03/2018 | Ad id: mls3-128639
Details

Established as an Alteration Business location for 35+ years; present owner at this location since 2003 and is ready to retire. Asking price based on approximately 3 times average NET income. Stock inventory (approximately $1,000) and equipment inventory (approximately $20,000) are to be inventoried/paid outside of escrow (in addition to the price paid for the business opportunity). Hours of operation are 8 a.m.to 5 p.m. Weekdays. Owner works 40+ hours weekly. Very good monthly rental rate of $861 per month INCLUDES utilities & snow removal; no CAMs (Common Area Maintenance fees). Confidentiality Agreement required for further financial information. Plenty of demand for this service that would warrant new owner expanding (adding employees/days of operation). PLEASE do not go direct. Agreement not to compete included. City business and Resale licenses required.