Bridal/Formal Dress and Accessories Store
North of Dallas, Texas (Grayson County)
Retail Stores - Wedding/Formal Rental and Retail  |  Retail Stores - Independent Stores
Asking Price:   $220,000Inventory:   $184,733 ++
Gross Revenue:   $163,052Real Estate:   n/a
Cash Flow:   $16,440 (comments below)FF&E:   $78,895 ++
++ included in the asking price         ** not included in the asking price
Cash Flow Comments: SDCF
Large store carrying multiple designer lines. They do mostly bridal but also carry wedding party and formal/prom dresses and also have accessories and tuxedo rentals. The business has been at this location for over 27 years and has no real competition in the entire area. The store has 4,400 sq. ft. with great visibility and access and located on a major thoroughfare. Newly remodeled and have recently replaced the entire inventory with new updated and designer lines.
About the Business
Year Established:1982
Employees:2 full time - 2 part time
Facilities:Very large store with over 4,400 sq.ft. Newly remodeled. Business has been at this site for over 27 years and is well known. Great visibility and easy access on a major thoroughfare. Impressive facilities with a long term lease with options.
Market Outlook and Competition:Competition: Only one small competitor in the entire area. The store carries multiple designer lines and has a very large inventory. Full service store carrying bridal dresses, formal and prom dresses, accessories, and tuxedo rentals. Growth and Expansion: The owner has just remodeled the store and completely replaced the inventory. Recent advertising is now taking effect and owner is projecting a 20% increase in sales in 2009. Cash Flow is projected to be $35-40,000.
About the Sale
Management Training and Support:Owner will provide up to four weeks of training and support.
Reason For Selling:Owner doesn't have the necessary time.

KEYWORDS: Store, designer, bridal, wedding, party, formal, prom, dresses, tuxedo, rentals, remodeled, inventory


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Business Listed By
John Hohenbrink  |  Allen Business Group
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