Tuxedo & Formalwear Retailer In Multiple Locations For Sale

Business description

With an estimated $100 billion being spent every year in the US alone for couples wishing to walk down the aisle, wedding product and service providers are enjoying a sustained and growing boon of profit. Marriages have continued to increase and are expected to increase by an estimated 20% over the next ten years. This growth combined with couples spending over twice as much money on weddings than they did even ten years ago, this shows an industry that is on a long and sustained rise. This business is one of the premier wedding product and service providers and has been offering excellence to the Chicagoland area with four locations over the last thirty years. This jewel in the Illinois wedding crown is an upstanding member of the Chicago Wedding Alliance and provides its customers with the finest in tuxedo formal wear, tuxedo accessories, wedding invitations, and groomsmen gifts. With online ordering, multiple locations and a successful and established business plan, this company ripe for franchising with national and international possibilities.

Property information

Location:

4 locations in the Chicagoland area

Other information

Support & training:

Owner will provide training and support for a reasonable amount of time.

Reasons for selling:

Pursuing other Business interests

Financing available:

Owner will consider seller financing

Inventory / Stock value:

$10,000 (included in the asking price)