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Formal Wear For Sale - Central Ill, Illinois, IL |
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| PROFILE: High Profit Formal Wear Business |
| Status: |
Available |
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| State: |
Illinois |
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| Location: |
Central Ill |
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| County: |
None Given |
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| City: |
None Given |
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| Primary Category: |
Retail Related |
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| Alternate Category: |
None Given |
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| USABizMart Ad #: |
131084 |
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| Seller Or Contact: |
Jeff Highfill |
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| Primary Phone: |
888-800-6898 |
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| Alternate Phone: |
None Given |
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| Email Address: |
See Form Below |
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| Date Ad Started: |
8/21/08 |
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| Date Ad Last Revised: |
8/21/08 |
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| Asking Price: |
$595,000 |
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| Down Payment: |
$595,000 |
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| Annual Revenue: |
Call/Email |
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| Annual Adjusted Net: |
Call/Email |
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| Price Range: |
$500,001-$1 Million |
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| Franchise: |
No |
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| Relocatable: |
No |
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| Home Based: |
No |
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| Lifestyle: |
No |
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| Real Estate Included: |
No |
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| Bkr To Bkr Cooperation: |
Call |
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DESCRIPTION: : This Formal Wear Business Is A Very High Profit Business And Was Opened By The Current Owner. 2007 Sales Of Over $570,000. You Will Not Find A Better Business With A Higher Margin Than Renting Tuxes! Included In The Sale You Will Receive Over $465,000 In Inventory. Most Formal Wear Stores Do Not Own Their Tuxes. Most Other Places Rent From A Warehouse And Then To The Consumer. For This Company, All Products Are Owned By Them. This Is Why There Is A Huge Profit Margin. Most People Rent For Proms, Weddings, Black-Tie Affairs, And Many Other Reasons. There Are Six Employees And The Business Is Only Open 60 Hours A Week. This Company Has An Outstanding Reputation And A Repeat Client Base. Located Just 30 Minutes Form Peoria, Il. This Is A Great Location In A High Traffic Area. The Rent Is Reasonable For This 4000 Sq. Ft. Building. Owner Is Motivated And Wants To Retire. Yearly Owner's Benefit Of $160,000. |
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