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Business For Sale
FORMAL WEAR RENTAL/SALES - GROWING BUSINESS
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Asking Price: |
$85,000
USD USA Dollars
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Business for Sale Industry: |
Retail: Clothing & Accessories
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Yearly Revenues:
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$100,000 |
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Yearly Cash Flow:
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$73,000 |
Business for Sale Overview:
Growing, profitable formal wear rental/sales business in Western CT. Great opportunity at the asking price. Asking price less than replacement cost of rental inventory and fixtures. Business will pay for itself in 1 year. With current inventory (included in sales price) operating expenses (not including part time help) are less than $20,000 leaving owner with $73,000 income. Experienced tailor started business 4 years ago investing in high quality, rental inventory of men's/women's formal wear supplemented by accounts with wholesalers for turnaround rentals. Customer accounts include private and public schools in the area. Training included. Can be grown to 2X current sales quickly. Exapandable immediately into tailoring, retail sales, etc. "Contact Seller" for more information following this listing.
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