Downtown Sarasota Tailor And Tuxedo Rental

Sarasota, FL (Sarasota County) (Relocatable)

Seller Financing Available
Tailor/Tuxedo
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Asking Price: $130,000

Cash Flow: $91,260

Gross Revenue: $158,405

EBITDA: N/A

FF&E: $20,000

Inventory: $30,000

Rent: $1,729 /Month

Established: 2007

Downtown Sarasota Tailor And Tuxedo Rental

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Business Description

The best tailor and tuxedo shop in town with the most experience. The owner previously owned three tuxedo rental stores in New Jersey before moving to Sarasota 12 years ago and establishing downtown Sarasota shop. Owner is ready to retire and is looking for someone to continue his tailoring tradition. Profitable year after year.

Detailed Information

Location:
Sarasota, FL
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
700
Lease Expiration:
3/1/2022
Employees:
1 part time
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Front display area and back area for tailoring work. Located in a very active shopping center with lots of foot and vehicle traffic.
Competition:
None with the experience of this owner.
Growth & Expansion:
There is an opportunity to hire additional help and to expand social presence.
Support & Training:
Negotiable. Owner is will to stay to ensure an orderly transition.
Reason for Selling:
Retirement
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(from currently available funds)
 
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Kenneth Swan

Business Listed By:
Kenneth Swan

Wagner Realty, Business Brokerage Group

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