Half Century Year Old Tuxedo Business For Sale
Location California,United States
Asking Price Range < $250K
Gross Revenues $850000
Net Profit / Cash Flow $125000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1959
Number of Employees 10 - 19
Relocatable Not Disclosed
Number of Employees 10 - 19
Real Estate Leased
Description Tuxedo sales and rental with multiple locations is for sale. This ideal lifestyle business is located in the beautiful Orange County. High, consistent, stable cash flow. 50 years of history - first location originally started in 1959. Motivated seller. Multiple locations with main warehouse; all with strong leases and low rent. Owner retiring. Previous gross sales for the following years: 2010 - $850,000 / 2009 - $867,000 / 2008 - $837,000 / 2007 - $895,000 / 2006 - $1,000,000 +. Owner works part-time and owns multiple businesses.
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