Tuxedo sales and rental
South Bay

This is a profitable business with strong market share. This business is profitable and stable, currently little to no paid advertising is being used. The right buyer can grow this business by scaling and opening other locations. This can easily be treated as an absentee business as key employees are very capable of running the business and are well compensated. This business is primed for growth to a second and/third location.

Listing Number:

23123

Category:

Retail

Location:

South Bay
$711,000

Financial Information:

Gross Revenue:

$1,214,735

Listed Price:

$1,414,000

Down Payment:

$0

Total Income:

$349,181

Year Established:

1996

Lease Information:

Square Feet:

1100

Total Rent:

$2,487

Lease Expiration:

$80,000

Lease Options:

N/A

Asset Information:

Leasehold Improvements:

$80,000

Equipment / Fixtures:

$50,000

Inventory:

$500,000

Other Assets:

N/A

Additional Information:

Full-Time Employees:

7

Part-Time Employees:

5

Special Licence Required:

N/A

Contract Staff:

0

Training Period:

4 weeks

Reason for Selling:

Retiring

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First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


Read First Choice Business Broker, Terms of Use before responding to any ad.

brokerPhoto
Ardeshir Vosooghi
Office: (650) 397-6562 | Cell: (650) 397-6564
License #: CA DRE 01493558

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Tuxedo sales and rental
South Bay

Listing Number:

23123

Category:

Retail

Location:

South Bay

Listed Price:

$711,000
brokerPhoto
Ardeshir Vosooghi
Office: (650) 397-6562 | Cell: (650) 397-6564
License #: CA DRE 01493558
This is a profitable business with strong market share. This business is profitable and stable, currently little to no paid advertising is being used. The right buyer can grow this business by scaling and opening other locations. This can easily be treated as an absentee business as key employees are very capable of running the business and are well compensated. This business is primed for growth to a second and/third location.

Financial Information

Gross Revenue:

$1,214,735

Listed Price:

$711,000

Down Payment:

$0

Total Income:

$349,181

Year Established:

1996

Lease Information

Square Feet:

1100

Total Rent:

$2,487

Lease Expiration:

12/2024

Lease Options:

N/A

Asset Information

Leasehold Improvements:

$80,000

Equipment / Fixtures:

$50,000

Inventory:

$500,000

Other Assets:

N/A

Additional Information

Full-Time Employees:

7

Part-Time Employees:

5

Special License Required:

N/A

Contract Staff:

0

Training Period:

4 weeks

Reason for Selling:

Retiring

First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


Read First Choice Business Broker,
Terms of Use before responding to any ad.

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