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Custom Costumes for Dancers, Gymnasts, & Figure Skaters for sale in Greater Toronto Area, CAN

Greater Toronto Area, CANADA (CAN)

Asking Price: Gross: Cash Flow:
$ 375,000 $ 312,932 $ 136,430

Business Summary:
This business has employees with 20+ years of experience and a 44% profit margin! This well-established business designs and creates custom costumes for dancers, gymnasts, and figure skaters. Established over 20 years, this is one of the oldest custom costume design companies on the market. Located in the Greater Toronto Area, their clients include dance & gymnastics studios, figure skating companies, and solo clients looking for costumes. Products designed include leotards, skate dresses, and unique dance costumes for performances.There is an experienced team of 8 employees, including 2 fashion designers and 6 seasonal employees. The typical season runs from September to May, where production is high. Orders are placed in the beginning of September and are delivered in early spring. Each order can take anywhere from 4-6 months for larger clients, while solo orders can be completed within a shorter time frame.The 7,000 square foot facility has multiple office spaces, a lounge area, a meeting/design room, along with industrial machines to create the finished products. The current owner conducts design meetings and does general oversight. The owner is willing to assist for 3-6 months. With an excellent reputation and customer service, this business has had recurring clients for over a decade!

 

   
Year Business was Established: 20
   
Number of Employees: 8  
   
Facilities / Terms of Lease: 7,000 sq. ft. facility with multiple office spaces, lounge area, one meeting/design room, and sewing stations  
   
Owner willing to finance: 10% Seller Financing: $37,500  
   
Owner willing to train: 3-6 months  
   
Reason for selling: Taking on a new, non-competitive business opportunity  
   
Seller Reference Number: AMP012
BusinessMart.com Listing Number: 259004
 

 

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For more info contact:

Cortney Sells

The Firm
4029985288

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