Diamonds Men's Shop of Toledo - Over 50 Years
Business Description
Men's clothing, shoes and accessories retail store with over 50 years of goodwill and customers. Specializes in selling suits for business and special occasions such as proms, homecomings, weddings, funerals, etc.at a reasonable price and which are tailored appropriately and promptly. Owner is absentee in Florida. He remotely handles bookkeeping, payroll and ordering. Over 30 year Manager manages the store and tailors.
About the Business
- Years in Operation
- 53
- Number of Employees
- 2
- Facilities & Assets
- Located in the very busy and continuing to expand Spring Meadows Shopping Center in Holland, Ohio. Very nice store and signage.
- Website
- https://diamondsmensshops.com
- Market Outlook / Competition
- Men like to try on suits and have such tailored to size at a one stop shop. Diamonds has very limited competition in this regard in Toledo, Ohio
- Opportunities for Growth
- An Owner presence (not absentee) and the implementation of a simple marketing plan should easily increase the annual revenues. An owner/operator - one that wants to manage the store should earn $250,000+. The store has been managed absentee for an extended length of time with minimal to no marketing - been living off its strong 50 years of goodwill and customers.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 4,300
- Rent
- $3,750.00 per month
About the Sale
- Seller Motivation
- Age and health.
- Transition Support
- Owner and manager will provide training and support.
- Financing Options
- Will consider to some degree.
Listing Info
- ID
- 2355999
- Listing Views
- 841
Listing ID: 2355999 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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