Iconic Men's Formal Wear Rental & Sales Business

Listing Number: 2201-615941

Description

Iconic Men's formal wear rental/sales business, with a women's retail gown shop. This store has been in the same great location with high visibility and notoriety since 1977. The business is a full-service operation; Bridal, Prom, Corporate and Formal Events; the entire inventory is in stock on the premises of the store. The 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 provide extended transition. Great lease terms in-place. Second location available in Broward County.The 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 provide extended transition. Good lease in-place. Second location available in Broward County.

Listing Details

  • Price: $480,000
  • Down Payment: $400,000
  • Sellers Discretionary Earnings: $190,000
  • Total Sales: $980,000
  • Location: Miami-Dade County, Florida

  • Inventory: $50,000
  • FF&E: $50,000
  • Employees: 8
  • Year Established: 2006
  • Reason for Selling: Divestiture
  • Category: Manufacturing

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