Tuxedo Sales and Rental in South Bay

This listing presents a profitable tuxedo sales and rental business with a strong market share, located in the South Bay region. The business is stable and currently utilizes minimal paid advertising, indicating significant growth potential for a new owner. Opportunities exist to scale the business by opening additional locations. Key employees are well-compensated and capable of running operations, allowing for an absentee ownership model. The business was established in 1996 and operates from a 1100 sq ft leased space with a monthly rent of $2,487 and lease expiration in December 2024. Financials include gross revenue of $1,214,735 and a net income of $349,181, with an asking price of $711,000. The sale includes $50,000 in equipment/fixtures and $500,000 in inventory.