Formal Wear Rentals For Sale

Business description

Very well established 9 year old formal wear rental company has a very large base of loyal, repeat customers. As of the signing date of the listing agreement, business has 1,574 future contracts signed valued at $187,753. Business has proprietary custom computer software they developed to manage the business. The software allows the business to be very efficient and have a distinct competition advantage. Business has a very extensive inventory of high quality formal wear. Business is located in an affluent area of South Baton Rouge. It has great visibility from the very high traffic highway on which it is located. Seller will thoroughly train new owner on this very easy to own and operate business. Seller is ready to retire. Seller is motivated to sell and will seriously consider and promptly respond to all reasonable offers. Come see this very nice business, make offer.

Property information

Real Estate:

Lease

Lease terms:

Base Monthly Rental $2,500

Other information

Support & training:

Available

Reasons for selling:

Retirement

Trading hours:

10-7(M-F), 10-6(Sat)

Furniture / Fixtures value:

$29,000 (included in the asking price)

Inventory / Stock value:

$227,000 (included in the asking price)