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Louisiana Business For Sale |
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| FORMAL WEAR RENTALS |
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| Attn: Edward Gianelloni |
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| Baton Rouge, LA, USA |
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| Asking Price: |
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$425,000 USD USA Dollars |
| Business for Sale Industry: |
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Retail: Non-classifiable |
| Reason for Selling: |
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Retirement |
| Year Established: |
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1997 |
| # of Employees: |
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FT: 5 |
| Yearly Revenues: |
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$355,000 |
| Yearly Cash Flow: |
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$115,000 |
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Business for Sale Overview:
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Very well established 9 year old formal wear rental company has a very large base of loyal, repeat customers. As of the signing date of the listing agreement, business has 1,574 future contracts signed valued at $187,753. Business has proprietary custom computer software they developed to manage the business. The software allows the business to be very efficient and have a distinct competition advantage. Business has a very extensive inventory of high quality formal wear. Business is located in an affluent area of South Baton Rouge. It has great visibility from the very high traffic highway on which it is located. Seller will thoroughly train new owner on this very easy to own and operate business. Seller is ready to retire. Seller is motivated to sell and will seriously consider and promptly respond to all reasonable offers. Come see this very nice business, make offer.
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Additional Details:
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- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise opportunity.
- This is not a distressed business or bankruptcy situation.
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