Own a well-established & reputable sewing machine repair, embroidery & alterations business for $250K
Situated in Devonport, Tasmania, this business services residential and industrial sewing machines, domestic multi-needle and embroidery machines throughout the entire region.
Specialising in selling, repairing, and servicing domestic and commercial sewing machines, the business also does haberdashery, thread for sewing and embroidery, patchwork materials and dress fabrics – furthering the business’s revenue streams.
It takes great pride in stocking Janome, Brother, Bernina, and a wide range of other quality machines with deliveries available Australia-wide.
On top of this, the business also offers classes in kids' sewing, machine embroidery, patchwork and sewing, and all of this culminates in an annual turnover of $800K!
About the Opportunity
The owner, a fully qualified sewing machine mechanic/technician, has been running the business for 50 years now, but wants to retire after enjoying a profitable spell at the helm of this business.
This gives you the opportunity to take over a thriving business and leverage its earning potential of $15K-20K per week.
Staff
Spearheaded by the owner as the manager, the business has three well-experienced and reliable staff members. One manages the social media, website, haberdashery, and fabrics; another, takes care of the communications; and a mechanic takes care of that arm of the business.
Lease agreement & training
As the next owner-operator you can buy the warehouse and factory where the business operates for $350K or lease it for $1,600 per month. The owner can also provide a 10-15 hour training session at $40 per hour to get you up to speed.
Sale price: $250,000 which includes $220K worth of stock.
Key features of the business
If you have a background or interest in anything mechanical, and a strong knack for sales, then reach out to us today before someone beats you to it.
Sewing Machine Service, Repair, & Sales Business
Australia
Situated in Devonport, Tasmania, this business services residential and industrial sewing machines, domestic multi-needle and embroidery machines throughout the entire region. Specialising in selling, repairing, and servicing domestic and commercial sewing machines, the business also does haberdashery, thread for sewing and embroidery, patchwork materials and dress fabrics – furthering the business’s revenue streams. It takes great pride in stocking Janome, Brother, Bernina, and a wide range of other quality machines with deliveries available Australia-wide.
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$250,000
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