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Business for Sale Summary

Tuxedo Formal Wear Sale/Rental Business - 31010

Business Type: professional services,wedding gowns/accessories,apparel and accessory store
Tuxedo Formal Wear Sale/Rental Business
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Financial Information (non-confidential)

General Information
Asking Price $89,000 Down Payment $89,000
Gross Revenues $184,000 Lease Remaining Register Free to View
Owner’s Cash Flow $144,120 Number of FT Employees Register Free to View

Financing

$89,000 Down and

Business Description

Great opportunity to own a tuxedo formal wear store that has been established for 11 years. Prom Season is almost here- it's worth about $32,000 in annual profit. This is a fantastic location within the business district. Prime area with a lot of foot traffic. The owner has a contract with four high schools to service their students for prom. Also, the business services another five high schools as well. The current owner is willing to transfer the contract with the local high school to the new owner. And is also willing to share the contracts with wholesalers and bridal venues for bridal shows. Don't miss this opportunity to own a great business. This business is servicing between 90-100 weddings per year. Please contact the broker at 1-877-735-5224.

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Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.