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Formal Wear Business For Sale - North Shore
Location Louisiana,United States
Asking Price Range < $250K
Gross Revenues $164000
Net Profit / Cash Flow $100000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1991
Number of Employees 1 - 3
Inventory 235000
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training Available
Reason for Sale Retirement
Description This very successful formal wear business for sale located in the North Shore area of New Orleans, Louisiana has been established for 21 years. The business has a great reputation and renowned service that has kept it successful for the past 2 decades! Business is a tuxedo specialist, renting and selling men's tuxedos for all formals occasions, as well as retailing menswear, designer shirts and shoes, and used formal wear. In addition, the business carries evening gowns for ladies, along with a large selection of accessories. The business always offers free courteous, experienced, and professional consultations to all customers.
This formal wear business for sale is found on a high traffic street with very good visibility and great signage. There is plenty of parking in front of the store. The business is located in an affluent area known as the North Shore of New Orleans, Louisiana. This area has affordable housing, many with large or acreage lots. There are great public schools and lots of entertainment opportunities for the whole family. It is truly a great place to live and raise a family. It is just a short drive to New Orleans, Louisiana, a metropolitan city with all the amenities.
After 21 years of successful ownership, seller is ready to retire and wishes to quickly divest of this formal wear business for sale. Seller will train the new owner on this very easy to own and operate business. Seller is open to substantive offers and will seriously consider and promptly respond to all reasonable offers. Come see this successful formal wear business for sale, meet the owner, make offer.
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