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LOOKSMART. Dressmaking, Clothing Alteration & Repair. MALL LOCATION

Listing: #EL03206







North Shore City



Rafiq Bhamani

Broker | Auckland - Ellerslie

Rafiq Bhamani

+64 9 555 6031

+64 21 129 1916

About this Business for sale in North Shore City

LOOKSMART. Dressmaking, Clothing Alteration & Repair. MALL LOCATION

This LOOKSMART store is located in Shore City mall- right outside Farmers, and it enjoys sales of around $300,000 including GST per annum.

LOOKSMART Alterations is the most trusted clothing alterations franchise in New Zealand &  Australia with over 120 stores and growing. They take pride in giving their customers fast, courteous, inexpensive tailoring – with a level of quality that’s gained the respect of leading fashion retailers, the corporate world, and close to a million satisfied customers.

The current owner works around 6 days a week in the business and there is no doubt that a new pair of hands would bring further strengths and efficiencies to this already well-performing business.

Why buy this business:

  • A working owner can earn a surplus of around $115,000 per annum
  • Strong and secured a new lease in place
  • Low set-up costs. Low ongoing costs.
  • Tailoring experience is not essential. Training and support provided.
  • No stock or perishables.
  • High-profit margins and cash flow
  • Above-trend repeat customers
  • Located in a high-traffic shopping Centre with strong exposure to customers and fashion retailers
  • The National Support Office provides ongoing and active assistance
  • Group marketing with integrated advertising and promotional campaigns
  • Established national accounts with well-known fashion labels, department stores, and corporate departments
  • Flexible hours – great lifestyle
  • This is a simple operation and someone with a positive attitude and excellent customer service skills will quickly learn how to get the very best out of this business.

✔ Asking Price $295,000

***Some details of the business for sale are confidential and can only be disclosed upon contacting the broker and a completion of a Confidentiality Agreement. Due to the confidentiality of this business, a stock photo image may be used to represent the business.

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Auckland - Ellerslie
+64 9 555 6031
+64 21 129 1916

Rafiq Bhamani

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*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.