Dominant tuxedo sales and rental store in the market
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Great semi-absentee run business!
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.
About the Business
- Years in Operation
- 29
- Employees
- 12
- Facilities & Assets
- This business has one leased location of 1,100 square feet with a Total monthly rent of $2,486.74. Lease ends 12/2024. Seller is active with 7FT and 5PT combined employees. Hours of operation are 10am-9pm & 11am-6pm 7 days a week. $500,000 in inventory and $50,000 in FF&E included in the asking price. $80,000 made in leasehold improvements.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 1,100
- Rent
- Not Disclosed
About the Sale
- Seller Motivation
- Retiring
- Transition Support
- 4 weeks
Listing Info
- ID
- 2358070
- Listing Views
- 1010
Listing ID: 2358070 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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