Lulu's Patch Tailoring

4.9★★★★★(232 reviews)

590 State St, Orem, UT 84057

Orem, Utah, United States

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Business facts

Estimated annual revenue~$369.3K
Estimated employees~3
In business since2008
Estimate based on strong signals

Contacts

Business Owner

Tailor

Area statistics (84057)

Population38,222
Median household income$74,522
Source: US Census ACS

About

Lulu's Patch Tailoring, established in 2007 by Patricia Urrea, is a professional tailor shop located in North Orem. Specializing in alterations for men, women, and kids, the business is committed to providing quality and affordable services. In 2015, the business was sold to a new owner who continues to uphold the same standard of excellence and love for the craft. Whether you need your slacks hemmed, suit tapered, dress altered, or a new design sewn, Lulu's Patch Tailoring is dedicated to meeting your tailoring needs with precision and care.

💳
Credit Cards
Yes
🅿️
Parking
Parking Lot
💰
Price
$$
Wheelchair Accessible
Yes
Categories: Tailor.
ISIC Codes: 9529.

Market analysis

Earning below its category median in a growing category (Tailor).

EstimateCategory trend: 2024, +3.6%

Revenue trend (modeled)

~$251.5K2019
~$259.2K2020
~$286.1K2021
~$335.7K2022
~$407.0K2023
~$369.3K2024
Modeled from official industry statistics+8.0%/yr since 201980% confidence band: ±42%

Company profile

Employees (reported band)13-17
Observed

Property

Lot size0.41 acres
CountyUtah
ObservedPublic assessor / cadastre record

Category context

BusinessesTotal revenueMeanMedianMedian ratingvs median
Tailor in Utah90~$60.8M~$723.8K~$490.8K4.6★0.8×

Tailor in Utah: revenue figures from the 84 of 90 businesses with estimates

Category revenue trend2024: +3.6%2023: +6.4%2022: +11.3%2021: +14.4%Modeled from business-level estimates
Chain pressure2 chains expanding in this category, led by Alterations at Nordstrom, Alterations by David's Bridal Orem UT (+5 locations since 2016)

Revenue trajectory vs benchmarks (indexed, 2019 = 100)

Estimate

Immediate area (1 km)

BusinessesTotal revenueMeanMedianJobsEstimated wage billvs median
1 km area (all businesses)281~$501.0M~$1.8M~$511.0K1,642~$113.5M0.7×
Other service activities38~$20.9M~$550.4K112

1 km area (all businesses): median from the 256 of 281 businesses with estimates

Estimate

Area conditions (84057)

Population38,222 ±1,545
Median household income$74,522 ±$4,896
Median home value$360,200
Bachelor's degree or higher0.4%
Unemployment rate0.0%
Source: US Census ACS
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