Busy Bridal & Formal Wear Boutique

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High Volume - Turn-Key Business!
Asking Price:
$499,900

Gross Revenue:
$1,204,362
Cash Flow:
$201,639
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$150,000
not included in asking price

FF&E:
$1,000,000
included in asking price

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Business Description

Family-owned bridal shop offering a variety of formal dresses in standard & plus sizes.
This shop has been open for over 30 years. It has earned and maintained a wonderful reputation.
This location offers flexible pricing, layaway programs, and in house alterations on dresses bought in the store.
It has prom dresses, bridal dresses and more!

*Located in a very busy area
*Gross sales over 1 million

*Current owner has great relationships with numerous vendors!
*Owner also has exclusive rights to sell certain prestige brands

*This is a turn-key business for someone who has a passion for the fashion industry

**All potential buyers will need to sign a Confidentiality Agreement AND provide proof of funds**

About the Business

Location:
Oakland County, Michigan
Year Established:
1988
Number of Employees:
2FT/15PT
Real Estate:
Leased
Building Sq. Ft.:
3,400
Rent:
$4,000.00 Per Month
Lease Expiration:
7/31/2021
Facilities:
Updated facility. Featuring a show room, 13 dressing rooms with mirrors and a seating area.
Growth & Expansion:
This business sells dresses worldwide through their website. Unlimited potential for sales.
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About the Sale

Reason For Selling:
Other business interest
Training/Support:
Seller will train for 14 days at no additional cost. Seller will train longer if needed with pay.
Seller Financing:
For qualified buyers

Listing Info

ID:
1670412
Ad Detail Views:
0

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Business Listed by

Nadir Jiddou

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