Business For Sale

Long Standing Men’s Suite and Tuxedo Shop

Not Disclosed, OH
Franklin County


Asking Price: Annual Revenue:
$225,000 $303,298

Retail: Clothing & Accessories


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RE: Long Standing Men’s Suite and Tuxedo Shop Broker: Jason Poot

Quick Facts

Asking Price: $225,000
Annual Revenue: $303,298
Net Profit: Not Disclosed
Cash Flow: $105,971
Total Debt: Not Disclosed
FF&E: $5,000
Real Estate: Not Disclosed
Year Established: 1970
Employees: 3
BBN Listing #: 904549902
Broker Reference #: 84541-430252

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Business Overview:

***Great Suits, Great Clients, Great Business***
For nearly 50 years this business has been serving its local community. The business specializes in men’s suites, tuxedo rentals, and tailoring. They will custom make suits, pants and shirts but also stock high end brands such as Valenti, Zino, Baroni, H Freeman, Hart Schaffner Marx and others.

The business is operated by the owner, who works in the business 6 days a week, along with 1 full time and 2 part time employees. The financial package is clean with full tax records and the only add back is the owner’s automobile.

The current owner is ready to transfer this long standing business to a new owner so he can retire.

For more information on how you can acquire this outstanding local business please contact Todd Gross.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

Store front within a high traffic shopping plaza. In business since 1970.

Market Competition and Expansion:

Increased marketing, store expansion to other high income neighborhoods.

Reason for Selling:

Retiring

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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Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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