Formal Wear Rentals
Location Louisiana,United States
Asking Price Range $250K - $500K
Gross Revenues $355000
Net Profit / Cash Flow $115000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1997
Number of Employees 4 - 5
Inventory 256000
Relocatable No
Number of Employees 4 - 5
Real Estate Leased
Training Available.
Reason for Sale Retirement.
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. Contact for more information on this Formal Wear Rental business for sale.
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