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Business for Sale

Tuxedo Formal Wear Sale/Rental Business
Morris County, NJ

Listing #31010

   
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

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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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.

1(877) 735-5224 | 24 Woodbine Ave, Suite #204 Northport, NY 11768 | vestedbb.com

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