Tuxedo Formal Wear Sale/Rental Business in Morris County, NJ

This listing presents a well-established Tuxedo Formal Wear Sale/Rental Business located in Morris County, New Jersey. With 11 years of operation, the business has built a solid reputation and a consistent customer base. It boasts strong financial performance, generating $184,000 in sales and a healthy cash flow of $144,120 annually. The business benefits from prime location within a business district with high foot traffic and has secured lucrative contracts with four local high schools for prom services, with an option to transfer one contract. Additionally, it services approximately 90-100 weddings per year and has established relationships with wholesalers and bridal venues for bridal shows. This presents a fantastic opportunity for a new owner to step into a profitable, operating business with established contracts and a prime market position, especially with prom season approaching.