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Established Bridal & Tuxedo Store Available
Location: United States -> Indiana -> Kokomo
Industry: Retail > Wedding / Formal Rental




Business Summary

A 50 year established family owned Bridal & Tuxedo store is available in the Kokomo, Indiana downtown area. This store has established wonderful relationships with all of the top bridal manufacturers. You will have the option in purchasing the building along with the business. Asking $75K for the business and $165K for the building. This is a 2-story building that can be used for a large retail Bridal & Tuxedo store or the 2nd level can be rented out to another business. This Bridal & Tuxedo store has been able to control the market share in this area for the past 50 years. This gives a new business owner a great base in order to succeed, and give an opportunity for them to incorporate fresh new ideas in order to increase business. The owners have reached a retirement age, and have decided to sell. The owner is willing to remain on the payroll part-time for a smooth transition. Please call me at 317-220-3549 for more information about this great opportunity. Financing is available for those finding difficulty in obtaining the entire amount needed to purchase the business.


Financials

Asking Price Range:  < $250K
Gross Revenues:   $125,000
Cash Flow:   $75,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Yes

About The Business

Year Established:  1970
Number of Employees:  4 - 5
Relocatable:  Yes
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  Owner to remain on part-time for support/transition
Reason For Selling:  Retirement




Print Listing Id: 700313757
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Also See: Franchise Opportunities > Franchise Resales > Indiana Businesses For Sale > Indiana Franchises For Sale > Indiana Business Brokers



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