Listing Details

1 Elm,Morristown Town, NJ 07960-4109

  • March 3, 2026

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: March 3rd, 2026 at 10:35 am
Property ID:PT-30440407-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

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