Asking Price: $795,000 Gross Revenue: $2,208,978Cash Flow: $301,828 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $462,503 not included in asking priceFF&E: $50,000 included in asking priceReal Estate: Not Disclosed Share 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.
Playbook Advisory has been engaged to sell the assets of a premium Bridal Boutique and Men’s Tuxedo Rental Business.
This turnkey operation would be a perfect fit for anyone with general business experience. The Company’s attractive business model allows for a seamless transition even by someone who is not familiar with the industry. Proven over a 30+ year track record of consistent cash flows, an average $2.1MM+ in annual Sales Revenue, YOY Sales Revenue & Net Income Growth, hundreds of thousands of satisfied customers and over $50K+ worth of FF&E included with the sale, this high-quality acquisition opportunity offers a tremendous upside for overall ROI and is well positioned for continued growth moving forward.
Bank financing with our preferred SBA lenders will allow a Buyer to purchase the business with the option of the real estate with as little as 10-15% down at closing. Interested buyers will execute an NDA and complete a buyer profile for the listing prior to the release of the name of the company. Please call Jim Peddle at 312-286-3200 or email us at firstname.lastname@example.org.
About the Business
Number of Employees:
Building Sq. Ft.:
The Company operates out of a single facility. The second floor has generously sized dressing rooms and a larger waiting room for large wedding parties.
The majority of new business for the Company comes from customer referrals, past customers and internet marketing. The Company has many extremely loyal customers that have been bringing their families for years. The Company’s longevity and exceptional customer service have ensured a large repeat customer base that spans generations. The Company has established itself as a family establishment and a fixture in its community. It holds Trunk Shows throughout the year to showcase the newest wedding gowns and designers. The events are marketed online and invitations are only available by an appointment, increasing demand.
Growth & Expansion:
A new owner could grow the Company easily by updating the company website, investing in SEO/PPC advertising, networking with other wedding vendors, and experimenting with paper mailers.
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.