For Sale
$275,000

1280 Main AveClifton, NJ 07011

90-Year-Old Formal Wear Shop - Turnkey Opportunity

Overview

Added:
Feb 3
Days on market:
61
Step into the world of high-end formal wear with this exceptional opportunity to acquire De Luxe Formal Wear, a well-established business in Clifton, NJ, boasting a 90-year legacy. This turnkey operation offers a comprehensive inventory of suits and formal wear, ready for immediate operation. The sale includes all existing inventory, eliminating the need for significant upfront investment. The dual revenue streams from both rentals and sales provide a diversified income base, maximizing profitability. Benefit from the established brand recognition and strong reputation within North Jersey's formal wear market. To ensure a seamless transition, the current owner is prepared to provide temporary training and introduce you to key vendors, facilitating a smooth onboarding process. Financial records, including profit and loss statements and a detailed inventory list, are available upon request. This is a rare chance to own a piece of fashion history and capitalize on a proven business model in a thriving market. The business is located at 1280 Main Ave, Clifton, NJ, and is priced at $275,000. Don't miss this chance to own a successful and established business.

Property Details for 1280 Main Ave

Property type
Investment properties

Location Insight

City
Clifton
County
Passaic
State
New Jersey
Latitude
40.87947
Longitude
-74.1435
1280 Main Ave, Clifton, New Jersey

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1280 Main Ave
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