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Established Tuxedo Formal Wear Business In New Jersey For Sale

New Jersey, US
Asking Price:
$89,000
Sales Revenue:
$184,000
Cash Flow:
$144,120

This is a 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 serves between 90-100 weddings per year.

Business Operation

Reasons for selling:

Seller is moving

Employees:
1 FT/1 PT

Other Information

Support & training:

Seller will train