Tuxedo Formal Wear Sale/Rental Business- - 31010

Morris County, NJ

Formal Wear is Always In Season
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Asking Price: $89,000

Cash Flow: $144,120

Gross Revenue: $184,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: N/A

Tuxedo Formal Wear Sale/Rental Business- - 31010

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Business Description

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 at 1-877-735-5224.

For more information on this listing- copy and paste this link into your browser https://www.vestedbb.com/lid-31010 for instant access to this business information.

Detailed Information

Employees:
1/1
Support & Training:
Seller will train
Reason for Selling:
moving
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Vested Business Brokers, Ltd

Business Listed By:
Vested Business Brokers, Ltd

Vested Business Brokers, Ltd

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