Listing Details

1 Elm,Morristown Town, NJ 07960-4109

  • December 24, 2025

Description

E&N Custom Tailor and Clothing Store: A Rare Opportunity to Own a Trusted Community Stapleford over 20 years, E&N Custom Tailor has been Morristown’s premier destination for exquisite bespoke tailoring and alterations, earning an impeccable reputation for quality, craftsmanship, and personalized service. Renowned for its 100% loyal repeat customers, this award-winning business boasts exclusive, high-end offerings including custom menswear, tuxedos, wedding gowns, and top-tier Italian textiles. With a prime location at 1 Elm St., a stable lease through 2029 with strong renewal prospects, 3 skilled employees, and zero competition in town, this turnkey operation promises continued success. The owner is earnest about a smooth transition, ready to personally introduce the new owner to a devoted customer base. Exceptional customer service, unparalleled reputation, and untapped digital marketing opportunities make this a truly lucrative listing. Don’t miss your chance to acquire a beloved institution with years of goodwill, solid financials, and growth potential in a thriving community. This is more than a business; it’s a legacy ready for its next chapter. This compelling listing description highlights E&N’s strengths, long-term community ties, unique market position, and growth opportunity, creating strong buyer interest and trust.

Details

Last Updated On: December 24th, 2025 at 10:22 am
Property ID:PT-21882617-AXZR
Offer Type:For Business
Property Type:Business
Price: 249,000 $

Additional Details

Home Details

Basmnt/Desc: Yes - Finished-Partially
Building Number: 1
Business Established: 2005
Number of Lavatories: 1
Road Type: City/Town Street, Corner

Taxes, Fees & Assessments

Existing Lease: 3-5 Years, Renewal Option, Seller Does Not Own Building
Ownership Type: Sole Proprietorship
Gross Operating Income: 500000
Net Operating Income: 231650
Expense Operating: 268350
Documents Available: Aerial Photographs, Investment Analysis, Leases, Tax Returns

Utilities

Heat Source: Gas-Natural
Heating: 1 Unit
Cooling: 1 Unit
Water: Public Water
Utilities: Electric, Gas-Natural
Sewer: Public Sewer

Other

Hours of Operation: 9.30-19.00
Number of Employees: 3

Statistics

Schedule a Tour

Similar Listings

1214 State Rt 23,Wantage Twp., NJ 07461-3603

75,000 $

State Rt 23, Wantage Twp., Sussex

100 US-46 Ste 17,Mount Olive Twp., NJ 07828

180,000 $

US-46 Ste 17, Mount Olive Twp., Morris

42 Branford Pl,Newark City, NJ 07102-2723

75,000 $

Branford Pl, Newark City, Essex

535 Central Ave,New Providence Boro, NJ 07974-1561

450,000 $

Central Ave, New Providence Boro, Union

146 Bloomfield Ave,Montclair Twp., NJ 07042-4704

166,500 $

Bloomfield Ave, Montclair Twp., Essex

248 Broadway,Elmwood Park Boro, NJ 07407-3522

45,000 $

Broadway, Elmwood Park Boro, Bergen

Write a Review

249,000 $

Reset password

Enter your email address and we will send you a link to change your password.

Get started with your account

to save your favourite homes and more

Sign up with email

Get started with your account

to save your favourite homes and more

By clicking the «SIGN UP» button you agree to the Terms of Use and Privacy Policy
Powered by Estatik
Compare Properties
Add properties to compare.