3521rd Suit Rentals
Ocean, New Jersey
Asking Price: |
Gross: |
Cash Flow: |
$325,000 |
$106,050 |
$70,000 |
Inventory Value:
$200,000 ( not included in the asking price)
Business Summary:
Excellent opportunity for an aggressive owner operator, in a turn key business to expand well established business. Majority of sales are rentals of Tuxedo's having a full stock of all sizes. Owner has started to expand into sales of fine quality imported shoes, shirts, suits and tuxedo's. No competition in the area. Owner will stay on part time as long as necessary. All numbers are income tax return figures.
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Year
Business was Established: 2000 |
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Number of Employees:
1pt |
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Facilities / Terms of Lease:
1,200 sq. ft, Ample parking in 8 year old 6 store strip center, 8 yr left on lease. |
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Potential
Growth/Expansion:
Expand sales of imported men's clothing to existing business, increase store hours, expand advertising program. |
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Owner
willing to finance:
5 yrs at 7% |
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Owner
willing to train:
Will stay on part time as long as new owner would like |
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Reason for selling:
retiring after 40 years |
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REQUEST MORE INFO |
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