Formal Wear Rentals
Location:
United States
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Louisiana
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Baton Rouge
Industry: Retail > Wedding / Formal Rental
Business Summary
Very well established 9 year old formal wear rental company has a very large base of loyal, repeat customers. As of the signing date of the listing agreement, business has 1,574 future contracts signed valued at $187,753. Business has proprietary custom computer software they developed to manage the business. The software allows the business to be very efficient and have a distinct competition advantage. Business has a very extensive inventory of high quality formal wear. Business is located in an affluent area of South Baton Rouge. It has great visibility from the very high traffic highway on which it is located. Seller will thoroughly train new owner on this very easy to own and operate business. Seller is ready to retire. Seller is motivated to sell and will seriously consider and promptly respond to all reasonable offers. Come see this very nice business, make offer. Contact for more information on this Formal Wear Rental business for sale.
Financials
Asking Price Range: $250K - $500K
Gross Revenues:
$355,000
Cash Flow:
$115,000
Cash Flow Type: Sellers Discretionary Cash
Inventory: $256,000
Seller Financing: Not Disclosed
About The Business
Year Established: 1997
Number of Employees: 4 - 5
Relocatable: No
Franchise: No
Current Real Estate: Leased
Property: Property For Lease
About The Sale
Management Training and Support: Available.
Reason For Selling: Retirement.
Click on the "I'm Interested" button above for more information on this Retail > Wedding / Formal Rental business for sale.
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Print Listing Id: 70059606
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