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Tuxedo Formal Wear Sale/Rental Business
Morris County, NJ |
Listing #31010 |
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| Financial Information (non-confidential) |
| Asking Price |
$89,000.00 |
Gross Revenues |
$184,000.00 |
| Down Payment |
$89,000.00 |
Owner’s Cash Flow |
$144,120.00 |
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Financing: $89,000.00 Down and
Reason for Selling:Taking a job out of the state- needs to sell
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.
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Gihan Tadoros
Senior Business Broker
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Servicing Area:
New York County, NY
Kings County, NY
Richmond County, NY
Queens County, NY
Monmouth County, NJ
Middlesex County, NJ
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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. |
1(877) 735-5224 | 50 Karl Ave Smithtown, NY 11787 | vestedbb.com |
