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Tuxedo Formal Wear Sale/Rental Business For Sale

Morris County, New Jersey, US
Asking Price:
$89,000 (USD)
Sales Revenue:
$184,000 (USD)
Cash Flow:
$144,120 (USD)

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.

Business Operation

Reasons for selling:

Taking a job out of the state- needs to sell

Employees:
1FT/1PT

Other Information

Support & training:

Seller will train

Contact Vested Business Brokers HQ

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