Premium Menswear/Tuxedo Rental - Avg SDE 308K
Turnkey Premium Menswear & Rental Business with Diverse Revenue Streams This is a premier, multi-revenue menswear institution combining high-margin retail, an elite custom clothing operation, and a highly profitable rental division. Built for a seamless ownership transition, the business features a fully autonomous, expert staff and diversified income channels that make it highly approachable for both industry veterans and private investors. Turnkey Staff & Seamless Transition: The current owner is committed to a structured transition period to ensure operational continuity. Daily operations are anchored by an experienced store manager, a top-performing sales team, and a master tailoring staff—all firmly in place to support the new owner. Diversified, High-Margin Revenue: While the custom clothing segment offers a sophisticated growth vector, the business rests on multiple stable income streams. The store generates over $300,000 annually in high-margin tuxedo rentals alongside robust, consistent cash flow from in-stock apparel and accessories. Approachable Operational Model: Because the specialized tailoring and day-to-day client management are handled entirely by the long-standing, established team, prior apparel or fashion experience is not required to successfully own and scale this business. The business caters to professionals, wedding parties, special event customers, and individuals seeking customized clothing solutions. Revenue is generated through retail sales, custom clothing programs, tailoring services, and formalwear rentals. Serious inquiries only. NDA required for additional details.
Employees
2 FT
Real Estate
Lease
Relocatable
This business can be relocated
Trading Hours
M-W/F 10am-6; Th 10-7; Sat 10-5pm
Management Type
This business is owner operated.
Owner Financing
Owner financing is available. Please contact the seller for more information.
Premises Details
The business operates from an attractive retail showroom in a highly accessible commercial location. The facility includes a well-presented sales floor, fitting areas, tailoring workspace, inventory storage, and customer consultation space. The layout is designed to provide a premium customer experience while efficiently supporting retail sales, custom measurements, fittings, and alteration services. The facility is fully equipped for current operations and requires no significant immediate capital investment.
Years Established
66
Support & Training
Will train for 4 weeks @ $0 cost.
Expansion Potential
The business offers significant opportunities for growth, including: Expansion of e-commerce and online ordering Enhanced digital and social media marketing Increased corporate and business clientele Expansion of custom clothing programs Growth of wedding and formal wear markets Additional private appointment services Geographic expansion of delivery and consultation offerings Development of recurring wardrobe subscription or styling programs With an established reputation, experienced supplier network, and strong customer loyalty, the business is well-positioned for a new owner to build upon its success and capture additional market share while maintaining the confidential and boutique nature of the operation.
Competition / Market
The business operates within the men's apparel and specialty retail sector. Competition includes department stores, national menswear chains, online retailers, and independent clothing boutiques. Despite increased online competition, the business benefits from several competitive advantages: Personalized customer service Expert fitting and tailoring Custom clothing capabilities Strong repeat customer base Established local reputation High-touch shopping experience not easily replicated online Demand for custom clothing, formalwear, and professional attire continues to create opportunities for specialty retailers capable of delivering quality and service.
Inventory / Stock Value
$160,751 - included in the asking price
Reason for Selling
The owner is seeking to retire.
Financials
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