Price: $129,900

Location: Morris County, New Jersey

Industry: Retail

Listing ID: RETL458

Solid business opportunity to own this long-standing successful retail clothier company that supplied highest quality custom men’s, clothes, and accessories. The owner is now retiring after many years in the industry and will train and finance the sale to a qualified buyer. This is a dependable safe business opportunity which offers owner financing and training.
The yearly gross income represented by the seller/owner is $224,647 Plus undisclosed income the business has a yearly net income of approximately $85,000 based on an onsite owner operator and prior to any debt service. The 2023 income has further increased from the previous year. Also, due to a percentage of seller discretionary income, formal due diligence is required by the purchaser.

Listing Details

Revenue: $224,500

Cash Flow: $85,000

FFE: $45,000 (Included in Price)

Inventory: $100,000

Reason For Sale:

The purpose of this business transaction is due to the owner retirement after many successful years in this industry.

Training & Support:

The owner will remain post-closing and is prepared to supply an appropriate transitional period to the new owner / operator.


Days & Hours of Operation: This successful clothier & tailor business operation is active six days per week, with hours from 9:30 am to 7:00 pm.

Owner Hours Per Week: Full Time

Employees: one


Security on Lease: Two Months

Lease Option: Yes additional options.

Monthly Rent: 3,150

Type of Location: Commercial Avenue

Square Footage: 1,100

Relocatable?: Yes

Facilities Information:

The business retail facility which consist of approximately 1,100 square feet has an attractive professional appearance to the customers it serves. The business is on an active commercial avenue with various other successful businesses. This opportunity is in Northern New Jersey, Morris County, and the general area consists of various private companies and numerous workers & shoppers. The general area is made up of various affluent and highly populated communities with continued demand for this industry.


Owner Qualifications:

For Qualifications purposes, this business opportunity and industry does not require government licensing approval to purchase or operate other than the standard municipal licenses.


To the best of our knowledge, due to various circumstances, no other new competitors are expected near to this business. Additionally, the owner has agreed to supply an appropriate non-compete agreement to the purchaser.


Potential Growth:

The business can be further expanded by the new operator. The company presently has a limited marketing plan, no local advertising or web site and if improved can further develop the business yearly gross sales.


Owner financing is available to qualified buyer.

Ron Cervelli

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