MergerPlace

Men's Formal Rental and Sales

Broward County, Florida


  • Asking Price: $225,000
  • Gross Income: $531,201
  • Cash Flow: $74,274
  • Real Estate: Not Disclosed
  • Inventory: $8,000
  • FF&E: $20,000
  • Listing ID: #214878
  • Established: 1977
  • Employees: 5

Business Description

Men's formal wear rental and/or purchase, and a women's gown shop for sale. This store has been in business since 1977. The business is a full-service operation meaning that the entire inventory is in stock on the premises of the store. Our staff is thoroughly trained to offer every customer the best options for their special event. Customer service is the best of the best and it has a phenomenal review. Management will be transitioning all. Landlord is Seller. Please refer to listing 2201422493, business broker William DeCanio when you inquiry about this listing.


Business Details

Primary Business Category: Retail Trade - Clothing
Location: Florida
Metropolitan Area: Broward County

Company Information

Year Established: 1977
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 5

Financial Information

Asking Price: $225,000
Gross Revenue: $531,201
Cash Flow: $74,274
FF&E: $20,000
Inventory: $8,000
Seller Financing Available: Yes

Property Information

Competition:

Non Compete : Miles: 30 Years: 3

Reason for selling:

Seller willing to train for 2 weeks at no cost

Support & Training:

Lease/Month: 7200 Square Footage: 2000 Building Type: Standalone Terms & Options: 5+5 Expiration Date: 12/31/2024

Contact Business Seller

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Business Listed By:

William Decanio

Transworld Business Brokers