$375,999
2755 S Federal Highway
Boynton Beach, FL 33435
MLS# RX-10905467
1 baths


2755 S Federal Highway, Boynton Beach, FL 33435
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2755 S Federal Highway, Boynton Beach, FL 33435 2755 S Federal Highway, Boynton Beach, FL 33435 2755 S Federal Highway, Boynton Beach, FL 33435 2755 S Federal Highway, Boynton Beach, FL 33435 2755 S Federal Highway, Boynton Beach, FL 33435 2755 S Federal Highway, Boynton Beach, FL 33435

Property Description
Amazing Business Opportunity for Entrepreneurs! Located in beautiful Boynton Beach, this profitable formalwear rental and sales business was established in 2017 and has amassed a loyal following. After years of serving the community, the current owner is looking towards retirement. They've built a very successful branded business that includes a large client base and up-to-date inventory including all the popular current styles. The current owner will work alongside the new buyers and train them to ensure a successful transition.

Details
Maps
Contract Information
Status: Active
Original List Price: 399999
Auction: No
List Price: $375,999
Current Price: $375,999
Listing Date: 2023-07-19
Comm/Non-Rep: 0%
Comm/Buyer Agent: 5%
Comm/Trans Brk: 5%
General Property Description
Type: Business
Business Name: Tuxedo Express
Business Type: Retail
Year Established: 2017
Lease Expires: 2023-11-30
Year Built: 1984
SqFt Source: Other
# of Stories: 2
SqFt - Occupied: 1000
Baths - Total: 1
Training Available: Yes
Waterfront: No
Location, Tax & Legal
Area: 4350
Geo Area: PB12
Country: United States
County: Palm Beach
Parcel ID: 08434544000005100
Street #: 2755
Street Dir: S
Street Name: Federal
Street Suffix: Highway
State/Province: FL
Zip Code: 33435
Short Sale: No
Short Sale A/U: N/A
Short Sale Addendum: No
REO: No
Geo Lat: 26.503843
Geo Lon: -80.060541
Office/Member Info
DXORIGMLNO: RX-10905467
DXORIGMLSID: RML
Building Info
# of Employees: 1
Property Features
Location: County; Shopping Center
Type of Building: Free Standing
License: City Occupational; County Occupational; Professional
Sale Includes: Business Only; Equipment; Furniture; Inventory
Expenses Incl: Accounting-Legal; Advertising; License & Permit; Payroll; Rent; Utility-Telephone
Avail Info: Accounting; Books & Records; Full Financials
Avail Docs: None
Lease Term Rem: Options Available
Ownership: Sole Proprietor
Special Info: None
Cooling: Central
Heating: Central
Miscellaneous 1: Elevator; Handicapped
Miscellaneous 2: Showroom; Traffic Heavy
Utilities: Electric; Public Sewer; Public Water
Fire Protect: Smoke Alarm
Construction: CBS
Road: City / County Maint; County Road; Paved
Security: Security Sys-Owned
Parking: Free; No Onsite Parking
Terms Considered: Cash; Conventional
Possession: At Closing
Showing Instructions: Text Listing Agent
Supplements
The ideal owners will be those who understand formal attire and its current trends, along with having some knowledge on how the alteration process works. Customer service tailored to these concepts will play a major role in the success of the owner/business. Work your own schedule! Aside from the rental aspect of the business, alterations and suit sales will provide an additional revenue stream. Additionally, there is an amazing opportunity to one day expand into the highly lucrative bridal industry. This is a TURN-KEY opportunity! You'll receive everything you need to take on and scale a successful business - the corporation, all retail contents of the store, domains/websites, social media accounts, and Google business accounts.

Listing Office: William Raveis South Florida

Last Updated: December - 09 - 2023

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