- Advert ID: 639316
- (Seller ref: 3394)
Formal Wear Rental Business For Sale
Price Reduced
- Location:
-
- United States
- > Mid West
- > Illinois
- > Chicago
- > Chicagoland
Listed by:
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Summary
- Asking price:
- $199,000 (Furniture / Fixtures and Inventory / Stock included)
- Sales revenue:
- $171,342
- Net profit:
- $99,317
- Years established:
- 4
- Employees:
- 3
Business description
Bank financing available with 50% down payment for a qualified buyer.
A well-established and highly profitable Formal Wear rental business located on a main artery in a western suburb of Chicago. The business shows well with a large elegant showroom, great signage visibility, high traffic counts, and ample parking. They provide tuxedo rentals for proms, weddings, formal events and other black tie affairs to a large marketplace with loyal, repeat customers. A wide variety of formal wear accessories, including jackets, vests, pants, shirts, shoes, ties, cummerbunds and pocket squares allow clients to create their own "ultimate" tuxedo. They carry a complete inventory of all the latest styles and colors from boys to men?s for their large base of loyal, repeat customers. They are the dominant competition for the formal wear chain stores. Seller will offer financing for qualified buyers with down payment. This is a turnkey opportunity for a fortunate individual. A proven profit producer with significant cash flow and a promising fortune for an owner-operator.
Property information
- Real Estate:
- Lease
Other information
- Support & training:
- Seller to provide transitional support & training
- Reasons for selling:
- Family Obligations
- Furniture / Fixtures value:
- $20,000 (included in the asking price)
- Inventory / Stock value:
- $40,000 (included in the asking price)
Contact the seller
For more information about this business for sale, click the Contact Seller button.
Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.
need to search again?
- United States
- > Mid West
- > Illinois
- > Chicago
- > Chicagoland
- Retail
- > Clothing
- > Dress Hire
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