Profitable Tuxedo Store In Santa Clara
Dominant tuxedo sales and rental store in the market This is a profitable business with strong market share. This business is profitable and stable, currently little to no paid advertising is being used. The right buyer can grow this business by scaling and opening other locations. This can easily be treated as an absentee business as key employees are very capable of running the business and are well compensated. This business is primed for growth to a second and/third location.
Location
Santa Clara County, CA
Employees
12
Lease Terms
Lease ends 12/2024. Monthly rent is $2,486.74.
Real Estate
Lease
Trading Hours
10am-9pm & 11am-6pm 7 days a week
Management Type
This business has absentee ownership.
Premises Details
This business has one leased location of 1,100 square feet with a Total monthly rent of $2,486.74. Lease ends 12/2024. $80,000 made in leasehold improvements.
Years Established
30
Support & Training
4 weeks
Expansion Potential
The right buyer can grow this business by scaling and opening other locations. This business is primed for growth to a second and/third location.
Size In Square Feet
1,100
Competition / Market
Strong market share with little to no paid advertising currently being used.
Inventory / Stock Value
$500,000 - included in the asking price
Reason for Selling
Retiring
Financials
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