TUXEDO RENTALS AND SALES
Seller:
Attn:
Lyle Ferger
Location:
Not Disclosed, AZ, USA
Listing Number:
"6309-4600"
Overview:
Rental and sale of suits, Tuxedos and other formal apparel for men and boys. Store is located in Downtown Scottsdale, right next to Old Town close to Sky Harbor Airport and with easy freeway access. Excellent working relationships with hotel/resorts in Phoenix/Scottsdale. Same day service provides positive results and customer satisfaction. Can cater large groups and small groups alike. Excellent potential for growth. Excellent potential for growth. 2008 Best in Scottsdale Award for Formal Wear.
Property Features and Assets:
Assets = $396,261. 3,600 sq. ft. leased space @ $3,780/month. Lease is well below market at $1.00 per square foot with 5+ years left on the lease: Expires 12/31/2011 with 2 yr optional extension.
Financing: $55,000 down. $495,000 for 240 months @ 10%. Pmt: $4,776.86/mo.
Additional Details:
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