HS Listing ID-72912

BUSINESS OVERVIEW
– Family-owned bridal and formalwear boutique, operating continuously 37+ years
– Location: (Nassau County, Long Island) Confidential
– Product mix: bridal gowns, bridesmaid dresses, mother-of-bride/groom dresses, tuxedo rentals, alterations
– Sole owner is retiring after decades running the business – clean, straightforward reason for sale
– S-Corp entity structure

WHY IT’S MARKETABLE
– Long operating history with an established local reputation and loyal customer base (good candidate for Google reviews / testimonials pull)
– No food & beverage, no liquor license, no event/catering complexity – simpler operational footprint than many “wedding industry” businesses
– Designer/vendor relationships already in place
– Appointment-based retail model, not fully walk-in dependent

FINANCIAL SNAPSHOT (reported, tax-return-verified)
– Revenue: approximately $617K-$673K over the last four years
– Gross margin trending favorably: approximately 42% (2022) to 49-51% (2025)
– Consistent officer compensation to the owner throughout

LEASE
– Runs through December 2030 – several years of runway for a buyer
– Predictable, modest annual rent escalations built into the lease
– Landlord approval required for assignment (standard for a transaction like this – buyer will need to qualify)

ASKING PRICE
– $400,000 total ($200,000 business value + approximately $200,000 inventory at cost)

DEAL STRUCTURE
– Inventory included in the purchase – buyer steps into an operating store, not a from-scratch build-out
– Good fit for a first-time buyer or someone with retail/apparel experience – lower operational complexity than food service or event-venue businesses

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION