Formal Wear Sales & Rental
Location Illinois,United States
Asking Price Range < $250K
Gross Revenues $94000
Net Profit / Cash Flow $48000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1977
Number of Employees 1 - 3
Inventory 258000
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Description This extremely profitable company rents and sells tuxedos and sells gowns. It also offers pageant dresses for children and adults, pageant and informal ladies suits, jewelry, shoes, hosiery, hats and other accessories. In its 30 years of operation, the business has developed deep ties to the community and an impeccable reputation. It does very little advertising and still attracts new customers from more than 40 miles away. Customers come to it for its wide selection, great customer service and fair prices. It has a large and loyal customer base.
The business is located in a leased 3,000-sq-ft store with two beautiful showrooms and plenty of inventory space. The building's low rent includes all utilities and dry cleaning. The site is easily accessible and highly visible on the city's main thoroughfare.
Established: 30 years ago.
Employees: Owner and two part-time employees.
Facilities: A leased store.
Reason for selling: The owner is selling for family reasons.
Contact for more information on this Formal Wear Sales & Rental business for sale.
Click Here To Contact Seller
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