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Tuxedos and Bridal Rental Business in Vegas For Sale

Details: Asking price:$1,190,000; Sales revenue:$580,000; Net profit:$280,000; Fixtures value:$175,000; Inventory value:$350,000

Business description: Tuxedo Rentals with over 75 styles to choose from and over 3000 tuxedos in stock with hundreds of accessories to choose from including a complete line of vests and shoes. Tuxedos Designers: Calvin Klein, Claiborne, Oscar De La Renta, Perry Ellis, Ralph Lauren, and more. Bridal gown rentals over 400 gowns in stock, sizes starting from 4 to 36. Bridal designers include Demetrios, Sposa Bella, Essence of Australia and many more.Large selection of accessories for brides and formal evening dresses.Business also includes: 2000 White stretch Limousine for complimentary pick up service for customers from Las Vegas Resort Hotels, low mileage, 10 passengers, 2002 Lincoln Town car and 2002 cargo van.Low millage and paid in full.

General information: Years established:25; Employees: 5; Trading hours: 9 a.m. to 6 p.m.; Real Estate: Lease; Lease terms:4 years lease, with a 5 years option (4200 Square feet).; Location:4850 W. Flamingo Road #10, Las Vegas, Nv 89103. Minute and a half drive from the center of the Las Vegas Strip.; Expansion potential:Unlimited options for expansion in this rapidly growing city. With new real estate being made available, new locations could potentially be opened.; Competition / Market:With over 35 years of business operation experience, and due to our prime location, there is no immediate competition against our business. There are a few bridal and tuxedo shops that operate in Las Vegas, however none of them are as well equipped and established as we are in dealing with major Resort Wedding Chapels on the strip, e.g.: The Wynn Resort, Caesar's Palace, The Bellagio, The Venetian and many more.; Support & training:Open to negotiation; Reasons for selling:Retirement; Financing available?Open to negotiation