Tuxedo Business for sale-Bergen County, NJ-32714

Not Disclosed, NJ
Bergen County


Asking Price: Annual Revenue:
$245,000 $220,000

Retail: Clothing & Accessories


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RE: Tuxedo Business for sale-Bergen County, NJ-32714 Broker: Gerald Nimberg
Owner Financing is Available!
$180,000.00 Down & Balance over 48 months at 6%

Quick Facts

Asking Price: $245,000
Annual Revenue: $220,000
Net Profit: Not Disclosed
Cash Flow: $90,000
Total Debt: Not Disclosed
FF&E: $20,000
Real Estate: Not Disclosed
Year Established: 1996
Employees: Not Disclosed
BBN Listing #: 78444447
Broker Reference #: Not Disclosed

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Business Overview:

Excellent opportunity to purchase a well-established business with 16 years of sales. This North Jersey store is already established as a premier tuxedo and uniform business for rental and sales of tuxedos, suits, sports jackets and specialty apparel. Multi-faceted business that carries a large selection of apparel to supply union, police, caterers and banquet staff. Historically overstocked, the sale includes thousands of items of clothing such that a new owner could go three years before needing to replace. All clothing is current; outdated suits and tuxedos have been culled from the inventory. Sales are up 20% over the last three years and there is ample room for further growth by utilizing social media and by developing a website and online ordering capability. It is time for the owner to step back and enjoy retirement. The best of the best in a great location in beautiful Bergen County. You cannot go wrong here unless you wait. This business can be acquired independently or in conjunction with a nearby high-end women's fashion, formal and casual wear store. For more information, contact Gerald Nimberg, Senior Business Broker, Vested Business Brokers or email us.

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Additional Details:

  • The property is leased.
  • The owner is not 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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