Asking Price: $199,500 Gross Revenue: $391,482Cash Flow: $77,729 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $117,237 included in asking priceFF&E: $11,920 included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
Turn-Key Established Bridal Shop & More: The business was founded in 1996 and has well known name recognition for beautiful Prom, Homecoming and Formal Wear in the Treasure Valley. Owners are selling because they do not have enough time in their busy schedules and want to slow down a bit. They have a lot of repeat customers for all of “Life’s Milestones” that are important.
-Excellent mall location with lots of foot traffic visiting the mall when they are in town and many travel from out of town to buy dresses there.
-Convenient service of providing alterations for dresses bought in the store.
-Offers Quinceanera Dresses and complete packages for Birthday Parties -A One Stop Shop for dresses, flowers, Bible, Guestbook, Photo Albums and accessories. The Hispanic customer base is large and their dresses appeal to customers of many backgrounds.
-Business offers a 5 month Lay-Away-Plan so customers can make 5 equal payments on their Bridal or Quinceanera Dresses.
-Business is an Authorized Retailer for many Famous & Top Designers including Bill Levkoff, Mary’s and Terani.
-Customers tell the staff regularly that they have Beautiful and Unique Dresses that can’t be found anywhere else and that other places dresses are not as special. Their dresses Stand Out and Make a Statement!
-And for the Men, they have suit & tuxedo rentals in great designer names including; Ralph Lauren, Michael Kors and Stephen Geoffrey.
-Financials shown for 2017 are a 10 month tax return and an estimated ending inventory is used.
-Seller is moving out of the area to be closer to Son!
Prospective Buyers must sign a Confidentiality Agreement as well as provide proof of funding!
This business would be a great “family run operation”! Give us a call today!
About the Business
Number of Employees:
Building Sq. Ft.:
4,509 sq. ft. retail space in a mall location.
Well known in town and the surrounding area. Great reputation and has been in operation for 22 years.
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 & Conditions.