Fine Italian Men's Wear in Nassau County, NY - 30780

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Fine Italian Men's Wear in Nassau County, NY - 30780
Asking Price:
$250,000

Gross Revenue:
$650,000
Cash Flow:
$135,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$100,000
not included in asking price

FF&E:
$125,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Long-established (30 years) fine menswear and accessory shop. Some exclusive lines, some personal label. Has had three North Shore locations.You cannot find his inventory in department stores.Loyal customers follow. In-house master tailor for new purchases and existing wardrobe. Italian and European fashions are sold here. 1500 sq ft plus 750 sq. ft. loft Full master tailoring, fabrics, sportswear, custom suits, tuxedos, accessories, shoes, etc. This is a full-service shop with commitment to excellence and service. Serves an affluent North Shore clientele. There is a 5,000-person mailing list. Great reputation and loyal customer base. Industry background is essential. Contact broker Joseph Stansky for more details at 1-877-735-5224.

About the Business

Number of Employees:
4
Website:
www.vestedbb.com
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About the Sale

Reason For Selling:
retirement
Training/Support:
Yes
Seller Financing:
150,000.00 Down & 100000 over 3 years @ 5 percent

Listing Info

ID:
1527226
Ad Detail Views:
146

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Business Listed by

Vested Business Brokers, Ltd

Vested Business Brokers, Ltd

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U.S. Census Data for Nassau County, NY
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Source: Decennial Census (2010), United States Census Bureau.

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U.S. Community Survey Data for Nassau County, NY
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Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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