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Listed by:

First Choice Business Brokers-SF Bay

Profitable Tuxedo Store In Santa Clara For Sale

Santa Clara, California - North, US
Asking Price:
$711,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,214,735
Cash Flow:
$349,181

Dominant tuxedo sales and rental store in the market

This is a profitable business with strong market share. This business is profitable and stable, currently little to no paid advertising is being used. The right buyer can grow this business by scaling and opening other locations. This can easily be treated as an absentee business as key employees are very capable of running the business and are well compensated. This business is primed for growth to a second and/third location.

Property Information

Real Estate:

Lease

Lease Terms:

Lease ends 12/2024. Monthly rent is $2,486.74.

Location:

Santa Clara County, CA

Premises Details:

This business has one leased location of 1,100 square feet with a Total monthly rent of $2,486.74. Lease ends 12/2024. $80,000 made in leasehold improvements.

Size in square feet:
1,100

Business Operation

Management type:
This business has absentee ownership.
Expansion Potential:

The right buyer can grow this business by scaling and opening other locations. This business is primed for growth to a second and/third location.

Competition / Market:

Strong market share with little to no paid advertising currently being used.

Reasons for selling:

Retiring

Trading hours:

10am-9pm & 11am-6pm 7 days a week

Employees:
12
Years established:
30

Other Information

Support & training:

4 weeks

Furniture / Fixtures value:
$50,000 - included in the asking price
Inventory / Stock value:
$500,000 - included in the asking price