Men’s Clothing Shop / Custom Tailor
Men’s Clothing Shop / Custom Tailor
Well-established, upscale business in the heart of trendy Morristown, NJ.
Reason For Sale: Selling due to the owner’s retirement.
The business is on the corner of a very active commercial avenue with various other businesses.
The general area is made up of various affluent and highly populated communities.
Established in 2006, with integrated, 3 very profitable business models.
1) Men's clothing shop - Stacked store with high-quality, Italian ready-made suits, jackets & accessories.
2) Men & Women alterations.
3) Custom suits and shirts, ready-to-order business, from Europe and US.
7000+ established repeat, and growing customers.
Asking Price: $225,000 Furniture/Fixtures/Equipment
Revenue: $400,000
Cash Flow: $85,000
Inventory: $400,000
FFE Fixtures/Furniture/Equipment: $45,000
Monthly Rent: 3,545
Facilities Information: 955 square feet store front with a dry basement.
Business security system with alarm and cameras.
This business is a perfect acquisition for a family wanting to acquire a business in order to obtain an E-2 visa.
Financials (USD)
Asking Price $225,000
Cash Flow $85,000
Sales $400,000
Deal Terms
Represented by broker? No
Buyer Fee? No
Seller Financing? No
Willing to co-broke? No
Principals only? No
Franchise? No
Management will stay? Yes
Relocatable? No
Real Estate? No
Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum. Read DealStream's Terms Of Use before responding to any listing. Learn how to stay safe in our marketplace.
Request Information
Want to learn more about this listing? Log in now. New to DealStream? Discover how artificial intelligence can help you find better deals! Sign up for a Free Account today and get your first Search Genius deal tomorrow.
Sign UpDealStream Awards & Reviews
