Seller's Contact Information
- RE: Men's Custom Clothing Store In Twin Cities
- Contact: Chris Lappen Or Duane Johnson
Quick Facts
Asking Price: | $850,000 | |
Annual Revenue: | $1,295,855 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $258,554 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | 3 | |
BBN Listing #: | 919928483 | |
Broker Reference #: | 11414 DJ CL |
Business Overview:
Men’s clothing store specializing in custom wedding attire, formalwear and business causal located in the Twin Cities. This company has organically become the go-to destination for grooms and groomsmen custom wedding attire. Revenue increased from $879K in 2020 to $1.295MM in 2021 and is up another 25% year-to-date. Projected Adjusted Net Income over $300K. Operation currently outsources $170,000 in tailoring. Enormous potential to bring 'in-house.' Massive opportunity to expand business within the Minneapolis-St. Paul market. Currently no advertising in place. The business is priced attractively at $850K including all FF&E and a normalized level of inventory. For more information please contact Christopher Lappen or Duane Johnson.
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Reason for Selling:
Other Interests.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
Relevant Links:
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