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Tuxedo Business In Bergen County Nj For Sale

Bergen County, New Jersey, US
Asking Price:
$180,000 Inventory / Stock included
Sales Revenue:
$220,000
Cash Flow:
$90,000

LISTING ID # 32714

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 All clothing is current; outdated suits and tuxedos have been culled from the inventory.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 or call us at to discover the difference that is Vested Business Brokers.

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Business Operation

Reasons for selling:

Retiring

Years established:
1988

Other Information

Support & training:

Seller will train

Furniture / Fixtures value:
$20,000
Inventory / Stock value:
$200,000 - included in the asking price