Texas Tuxedo Rental for sale 1201 Chicago Ave #4, McAllen, TX 78501
Business Description
ESTABLISHED TUXEDO RENTAL BUSINESS - 25+ YEARS OF SUCCESS
Texas Tuxedo Rental presents an exceptional opportunity to acquire a well-established formal wear business serving the McAllen, Texas market since 1998. This profitable single-owner operation has built a strong reputation over 25+ years as a community staple for formal occasions.
BUSINESS OVERVIEW:
Specializing in tuxedo rentals for weddings, graduations, quinceañeras, proms, funerals, and formal events, Texas Tuxedo differentiates itself by maintaining extensive in-store inventory. Unlike competitors who order from catalogs, customers can try on and leave with their tuxedo the same day, providing immediate satisfaction and convenience.
KEY STRENGTHS:
• 25+ years of continuous operation with established customer base
• Prime location at 1201 Chicago Ave, McAllen with affordable $1,000/month lease
• Substantial $150,000 inventory included in purchase price
• Well-known community brand with strong local reputation
• Profitable from day one with proven revenue history
• Simple single-owner operation model
• Diverse occasion-based revenue streams
MARKET POSITION:
The tuxedo rental market remains resilient with consistent demand driven by life events and celebrations. Texas Tuxedo's competitive advantage lies in its extensive on-site inventory and same-day service capability, setting it apart from catalog-dependent competitors.
GROWTH POTENTIAL:
Multiple expansion opportunities exist including:
• Adding complementary revenue-generating products and clothing lines
• Opening additional locations to serve neighboring cities' growing populations
• Leveraging established brand recognition for market expansion
OWNER SUPPORT:
Seller will provide 2 weeks of comprehensive training and transition support to ensure smooth ownership transfer.
This turnkey opportunity offers immediate profitability with an established customer base, proven business model, and significant growth potential in a stable market sector. The owner's retirement creates this rare chance to acquire a successful, community-recognized business.
Texas Tuxedo Rental presents an exceptional opportunity to acquire a well-established formal wear business serving the McAllen, Texas market since 1998. This profitable single-owner operation has built a strong reputation over 25+ years as a community staple for formal occasions.
BUSINESS OVERVIEW:
Specializing in tuxedo rentals for weddings, graduations, quinceañeras, proms, funerals, and formal events, Texas Tuxedo differentiates itself by maintaining extensive in-store inventory. Unlike competitors who order from catalogs, customers can try on and leave with their tuxedo the same day, providing immediate satisfaction and convenience.
KEY STRENGTHS:
• 25+ years of continuous operation with established customer base
• Prime location at 1201 Chicago Ave, McAllen with affordable $1,000/month lease
• Substantial $150,000 inventory included in purchase price
• Well-known community brand with strong local reputation
• Profitable from day one with proven revenue history
• Simple single-owner operation model
• Diverse occasion-based revenue streams
MARKET POSITION:
The tuxedo rental market remains resilient with consistent demand driven by life events and celebrations. Texas Tuxedo's competitive advantage lies in its extensive on-site inventory and same-day service capability, setting it apart from catalog-dependent competitors.
GROWTH POTENTIAL:
Multiple expansion opportunities exist including:
• Adding complementary revenue-generating products and clothing lines
• Opening additional locations to serve neighboring cities' growing populations
• Leveraging established brand recognition for market expansion
OWNER SUPPORT:
Seller will provide 2 weeks of comprehensive training and transition support to ensure smooth ownership transfer.
This turnkey opportunity offers immediate profitability with an established customer base, proven business model, and significant growth potential in a stable market sector. The owner's retirement creates this rare chance to acquire a successful, community-recognized business.
About the Business
- Years in Operation
- 27
- Facilities & Assets
- Texas Tuxedo Rental will be sold with all inventory, Furniture and equipment needed to run business
- Market Outlook / Competition
- Tuxedo Rental market is strong. As long as there are weddings, graduations parties, Quinceaneras, Proms, Funerals, and any other formal gathering, men will need Tuxedos. Unlike other Tuxedo shops that order your Tuxedo from a catalog, people rent from Texas Tuxedo because we are known for having the inventory in store. You can come in, try on and walk out with your Tuxedo the same day! We have many styles to choose from.
- Opportunities for Growth
- Growth opportunities exist. Adding additional revenue generating products/clothing. Expanding and opening another location to service the growing population in neighboring cities. Texas Tuxedo Rental has been in business for over 25 years and has a strong client base. It is a staple in our community.
Real Estate
- Owned or Leased
- Leased
- Rent
- $1,000.00 per month
About the Sale
- Seller Motivation
- The only reason why we have decided to sell is because the owner is ready to ret
- Transition Support
- The owner is willing to stay on for a couple of weeks to provide support and training.
- Financing Options
- No Seller Financing
Listing Info
- ID
- 2371132
- Listing Views
- 411
Business Location
Listing ID: 2371132 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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