Bridal Shop in Upscale Downtown Location

Asking Price$150,000

Cash Flow
$50,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$300,000

Inventory$100,000
Included in asking price
FF&ENot Disclosed

Real EstateNot Disclosed

Bridal ShopSave

Bridal Shop in Upscale Downtown Location


Asking Price$150,000

Cash Flow
$50,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$300,000

Inventory$100,000
Included in asking price
FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
The current owner has run this beautiful boutique bridal salon since 1998 and has been at this location since 2011. Besides 2020, revenue has consistently been over $300,000 . This business is ideal for an owner-operator of an existing bridal business or alterations service. It can be maintained at the current location or relocated. The store is open 33 hours per week and is closed two days per week. Please sign an NDA to receive more information including the business address.

The owner works full time in the business with one employee who has been there since 2019. The employee works about 20 hours per week and has been a bridal consultant & seamstress for the last twenty years, & lives in town.
About the Business
Years in Operation
27
Employees
1
Currently Relocatable
Yes
Facilities & Assets
Beautiful boutique in nice downtown location, lease expires end of 2023. Current rent is $3300 / month.
Market Outlook / Competition
This boutique carries top designer dresses at reasonable prices relative to the others in town.
Opportunities for Growth
A new owner can grow the alterations side of the business by hiring staff. Wedding dress alterations average $1000 per dress! While this boutique focuses on higher margin dresses, a new owner could expand into bridesmaids dresses, mom's dresses, prom attire, etc, as well as expand business hours.
About the Sale
Seller Motivation
Retirement
Transition Support
2 weeks up to 20 hours per week
Listing Info
ID
2149532
Listing Views
1424

Contact Seller

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Business Listed by: Ken Lee First Choice Business Brokers

Listing ID: 2149532 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 of Use. Learn how to avoid scams.


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