This is an opportunity to take over an established men's clothier serving discerning customers for over 40 years in southeast Michigan. Owner has been in this industry fifty years while many national brands have come and gone. Men's suits are sourced in Europe where relationships have been built over decades. This is a unique Men's fashion experience in the local area and customers come from far and wide including out of state. Opportunities exist for fresh energy and insights in the areas of fashion, retailing and marketing, including digital marketing and on-line commerce. The sales price includes all inventory, leasehold improvements, equipment, website, domain name and all assets of the business enabling a new owner to assume and enhance the momentum of the business. See the store and understand the experience! For additional information please contact listing agent.
This is a leased location of 2,816 square feet with a Total Rent of $6,219. Lease ends 6/2023 with a one 5 year lease option. Seller is active in the business with 3 FT employees. Hours of operation are Pre-COVID: M-Sat 10 AM - 6 PM, Currently: M-F 10-4, Sat by Appointment. $538,000 in Inventory and $48,205 in FF&E included in Asking Price. $36,243 made in Leasehold Improvements. Assets include: all assets in store, all art work, lighting, electric shutters, tables, wall units included!
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