Tuxedo Rental
Location Arizona,United States
Asking Price Range $500K - $1.0M
Gross Revenues $227845
Net Profit / Cash Flow $105113
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2002
Number of Employees 4 - 5
Inventory 371261
Relocatable No
Number of Employees 4 - 5
Real Estate Leased
Training Will train for 2 weeks at no cost.
Reason for Sale Owner has health issues.
Description Rentals and sales of suits, Tuxedos and other formal apparel for men and boys. Store is located in Downtown Scottsdale, right next to Old Town close to Sky Harbor Airport and with easy freeway access. 3,600 sq. ft. leased space for $3,780/mo. 5 year lease expires 12/31/2011 with 2 year option. (Lease is well below market at $1.00 per square foot with 5+ years left on the lease). Excellent working relationships with hotel/resorts in Phoenix/Scottsdale. Same day service provides positive results and customer satisfaction. Can cater large groups and small groups alike. Excellent potential for growth. 2008 Best in Scottsdale Award for Formal Wear.
Price: $550,000
Revenues: $227,845
Owner Benefit: $105,113
Assets: $396,261
Contact Lyle Ferger at (480) 794-0037 for more information
Click Here To Contact Seller
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