Details - Information last confirmed on May 28, 2021
Listing ID # 32714
Excellent opportunity to purchase a well-established business with 16 years of sales. This North Jersey store is already established as a premier tuxedo and uniform business for rental and sales of tuxedos, suits, sports jackets and specialty apparel. Multi-faceted business that carries a large selection of apparel to supply union, police, caterers and banquet staff. Historically overstocked, the sale includes thousands of items of clothing such that a new owner could go three years before needing to replace. All clothing is current; outdated suits and tuxedos have been culled from the inventory. Sales are up 20% over the last three years and there is ample room for further growth by utilizing social media and by developing and adding online ordering capability to its website. It is time for the owner to step back and enjoy retirement. The best of the best in a great location in beautiful Bergen County. You cannot go wrong here unless you wait. This business can be acquired independently or in conjunction with a nearby high-end women's fashion, formal and casual wear store.
Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum.