Tuxedo Formal Wear Sale/Rental Business- - 31010

Not Disclosed, NJ
Morris County


Asking Price: Annual Revenue:
$89,000 $184,000

Retail: Clothing & Accessories


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RE: Tuxedo Formal Wear Sale/Rental Business- - 31010 Broker: Gihan Tadoros

Quick Facts

Asking Price: $89,000
Annual Revenue: $184,000
Net Profit: Not Disclosed
Cash Flow: $144,120
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 1
BBN Listing #: 92234447
Broker Reference #: Not Disclosed

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Business Overview:

Great opportunity to own a tuxedo formal wear store that has been established for 11 years. Prom Season is almost here- it's worth about $32,000 in annual profit This is a fantastic location within the business district. Prime area with a lot of foot traffic. The owner has a contract with four high schools to service their students for prom. Also, the business services another five high schools as well. The current owner is willing to transfer the contract with the local high school to the new owner. And is also willing to share the contracts with wholesalers and bridal venues for bridal shows. Don't miss this opportunity to own a great business. This business is servicing between 90-100 weddings per year. Please contact the broker or email us.

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Additional Details:

  • The property is owned.
  • 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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