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Formal Wear Rental
Location Illinois,United States
Asking Price Range < $250K
Gross Revenues $171342
Net Profit / Cash Flow $99317
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2004
Number of Employees 1 - 3
Inventory 60000
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training Seller to provide transitional support & training.
Reason for Sale Family obligations.
Description BUYER & SELLER 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. Contact for more information on this Formal Wear Rental business for sale.
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