Couture Bridal Boutique and Men's Tuxedo Rental

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Great Market Share
Asking Price:
$795,000
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Gross Revenue:
$2,208,978
Cash Flow:
$301,828
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$462,503
not included in asking price

FF&E:
$50,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

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 info@playbookadvisory.com.

About the Business

Year Established:
1981
Number of Employees:
28
Real Estate:
Owned
Building Sq. Ft.:
10,000
Facilities:
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.
Market Outlook/
Competition:
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.
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About the Sale

Reason For Selling:
Retirement
Training/Support:
Mutually negotiated training and transition
Seller Financing:
80000

Listing Info

ID:
1472112
Ad Detail Views:
647

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Business Listed by

Jim Peddle

Playbook Corporate Advisory, Inc.

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Report an Issue 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.
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