Name: 49-Year Profitable Formal Wear Business | Established 1977
Address: Allison Park, Allegheny County, PA, USA, Allison Park, Pennsylvania

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49-Year Profitable Formal Wear Business | Established 1977

$95,000

Overview

Property ID: BB+51204

Asking Price

$95,000

Year Established: 1977

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Description

Founded in 1977, this highly reputable formal wear and tailoring business represents a rare opportunity to acquire a 49-year profitable enterprise with deep community roots and a loyal, repeat customer base.

Located in Allison Park (Hampton Township), Pennsylvania, along a high-visibility suburban corridor, the business benefits from strong traffic and established local relationships built over decades.

Services include tuxedo and suit rentals, formal wear retail sales, expert tailoring and alterations for men and women, and high-margin bridal gown alterations. The business operates as a one-stop destination for weddings, proms, formal events, and custom tailoring needs.

Year Established: 1977
Property Type: Established Business
Primary Industry: Retail
Real Estate: No Real Estate

Opportunities for Growth

Opportunities include expanding bridal gown alterations (high-margin segment), increasing marketing efforts, building digital presence and wedding vendor partnerships, balancing bridal and groom services, and increasing seasonal staffing to capture more peak-event revenue. Current owners report more demand than they actively pursue.

Support and Training

Retiring owners are committed to a smooth transition and are willing to remain post-sale for training and knowledge transfer. Comprehensive operational support will be provided to ensure continuity and client retention.

Market & Competition

Competes effectively against national chains such as Men's Wearhouse by offering personalized, relationship-driven service and specialized tailoring expertise. A 49-year community reputation provides a competitive moat that large chains cannot replicate locally.

Facilities & Assets

2,320 sq. ft. fully built-out formal wear retail and tailoring facility including rental inventory, retail apparel, tailoring equipment, fixtures, POS systems, and displays. Approximately $95,000 in inventory included in the sale. Established vendor relationships and branding included.

Reason for selling: Retirement.