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Retail

Tuxedo sales and rental

South Bay

Asking price
$620,000
Cash flow
$182,434
Revenue
$639,228
Multiple
3.4×

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About this business

This Tuxedo Rental Business is a well-established Bay Area formalwear business with more than 40 years of serving weddings, proms, black-tie events, quinceañeras, and other special occasions. The company offers tuxedo and suit rentals, formalwear sales, expert alterations, and personalized styling, earning a strong reputation for exceptional customer service and loyal repeat clientele. This is a rare opportunity to acquire a respected, turnkey business with an established brand, proven operating history, and a loyal customer base. The motivated seller is ready to transition ownership, creating an excellent opportunity for an entrepreneur or an existing formalwear retailer to expand their footprint. Significant growth potential exists through expanding e-commerce, increasing digital marketing and social media presence, developing corporate and event partnerships, growing wedding planner relationships, and opening additional locations or mobile fitting services. A new owner can also capitalize on the business's trusted reputation while introducing new product lines, modern technology, and enhanced customer experiences to accelerate revenue growth. With a solid foundation already in place and multiple avenues for expansion, this business is ideally positioned for its next phase of growth under new ownership.

Details

Inventory$500,000
Furniture, fixtures & equipment$50,000
Established1996
Employees7
Reason for saleRetiring

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