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Business for Sale

Tuxedo Business for sale in Bergen County, NJ
Bergen County, NJ

Listing #32714

   
Financial Information (non-confidential)
Asking Price $180,000.00 Gross Revenues $220,000.00
Down Payment $180,000.00 Owner’s Cash Flow $90,000.00

Financing: $180,000.00 Down and

Reason for Selling:retiring

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 All clothing is current; outdated suits and tuxedos have been culled from the inventory.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 and adding online ordering capability to its website. 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. Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.
Vested Corporate
Senior Business Broker
877-735-5224
corporate@vestedbb.com
Servicing Area:
Vested Corporate

Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller.

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