Turnkey Opportunity: Established Suit Store for Sale

Norfolk County, MA
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Asking Price:$148,000
Gross Revenue:$227,633
Rent:$2,814
Established Year:1994
Cash Flow:$61,510
Inventory:$80,000
FF&E:$5,000
BUSINESS DESCRIPTION

Turnkey Opportunity: Established Suit Store for Sale

This small tuxedo and suit store, thriving for decades, boasts a loyal customer base and a strong reputation for quality, offering a wide selection of tailored suits and tuxedos for various occasions, backed by personalized service and expertise in men's formalwear fashion. For additional information, please contact Jason Donovan at (617) 799-5077 or jason.donovan@fcbb.com


DETAILED INFORMATION
Location
Norfolk County, MA
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,800
Lease Expiration
31/12/2024
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
This is a leased location of 1800 (Plus basement) square feet with a Total monthly rent of $2,814. Lease ends 12/24 with 1 option. Seller is active with seasonal employees. Hours of operation are Mon-Fri 11am-8pm / Sat 9.30am-5pm /Closed Tues & Wed June - March. $80,000 in inventory and $5000 in FF&E included in the asking price.
Support & Training
2 weeks
Reason for Selling
Retirement
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Jason
Donovan
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Jason Donovan