Profitable Formal Tuxedo Rental Business

Not Disclosed, FL
Broward County

Asking Price: Annual Revenue:
$299,000 $250,000

Retail: Clothing & Accessories

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RE: Profitable Formal Tuxedo Rental Business Broker: Jan Wild

Quick Facts

Asking Price: $299,000
Annual Revenue: $250,000
Net Profit: Not Disclosed
Cash Flow: $100,000
Total Debt: Not Disclosed
FF&E: $25,000
Real Estate: Not Disclosed
Year Established: 1998
Employees: 3
BBN Listing #: 1258630
Broker Reference #: 0101864264

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Business Overview:

Well established turnkey men's formal wear rental and sales business specializing for over 20 years in weddings, bar mitzvah, quinces, proms and black tie events. Large diverse stock of tuxedos, shirts, shoes and accessories for any event. Flexible operating schedule of only 36 hours allows for great expansion opportunity. Please refer to listing 0101864264, Jan Wild when you inquire about this listing.

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Property Features and Assets:

Lease/Month: $3,710; Square Footage: 1,600; Building Type: Strip Center; Terms & Options: 5 year option; Expiration Date: 2/5/2021.

Market Competition and Expansion:

Non Compete : Miles: 50 Years: 2

Reason for Selling:

Other opportunities.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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