Luxury Bridal Retailer w 38% EBITDA margins growing 25%+

Asking Price$5,500,000

Cash Flow
Not Disclosed

EBITDA

Gross Revenue$2,977,000

Inventory$450,000
Included in asking price
FF&E$600,000
Included in asking price
Real EstateNot Disclosed

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Luxury Bridal Retailer w 38% EBITDA margins growing 25%+


Asking Price$5,500,000

Cash Flow
Not Disclosed

EBITDA

Gross Revenue$2,977,000

Inventory$450,000
Included in asking price
FF&E$600,000
Included in asking price
Real EstateNot Disclosed

Business Description
Leading provider of premium bridal and formalwear attire. Current owner has established an impeccable company brand, very clean financials, great team in place, and detailed operating processes for a new owner to manage the business momentum. As evidenced by the 73% gross margins, 38% EBITDA margins, and YOY revenue growth north of 25%.

1) Exclusive Designer Relationships. 1 of 3 retailers nationally to be selected for Trunk shows. Resulting in Early access to collections.
2) Impeccable Brand Reputation. Cost Per Appointment 75% below industry average. The company derives ALL business via reputation. ZERO effort applied to online marketing. 30% of customers are outside of 60 mile radius of business.
3) Differentiated Customer Experience. For dedicated personal stylist to In house alterations and customization.
4) Industry Tailwinds. Non discretionary spend, coupled with secular growth trends (brides are now buying 2 dresses per wedding) drive 25%+ organic growth.
5) Great cash flow dynamics. All inventory is for display purposes only. Dresses and gowns are only ordered from designer, after receiving payment from customer. All sales are final.
6) Systems, processes, and financials are well organized and detailed allowing for easy transition.

The above attributes drive well above industry average margins and organic growth. Specific offerings include, designer bridal gowns, formalwear, accessories, and in-house alterations and customization services. The company is poised for continued growth via capacity at the current facility, expanding target audience, geographic expansion, and continued expansion into formal wear. Current owner is selling to begin a non profit.
About the Business
Years in Operation
10
Employees
15 (6 Full-time, 9 Part-time)
Facilities & Assets
7,500 SQFT retail store, perfect location, and purpose built for personalized, high touch bridal experience, integrating showroom space, 6 private fitting areas, and in-house alterations, all under one roof. Building is owned by the business owner. Another tenant occupies other half of building whose lease runs up in 1.5 years. Allowing for new owner to double capacity at current location.

$500K of inventory on hand. All inventory is used for display purposes as customer dresses are ordered from designer only after being paid for by customer.
Market Outlook / Competition
See attached Teaser. Full Confidential Business Review to be released upon completion of NDA.
Opportunities for Growth
See attached Teaser for more detail. Geographic expansion, category expansion, Franchise Development, and develop digital marketing effort. The company has grown revenues double digits all on reputation and word of mouth. In addition to this momentum continuing, there is the opportunity for a new owner to add some digital marketing efforts to accelerate revenue growth beyond 25%+ if so desired.
About the Sale
Seller Motivation
At this stage in the owner's life, she is looking to open up a non profit for a
Transition Support
Seller is very focused on long term success of business and her employees. Open to proper structure, role, and time needed to ensure successful transition. In addition, there is a long tenured and dedicated managerial talent comprised of Director of Fashion, Director of Styling, Lead seamstress, and operating associate, in addition to the other staff.
Listing Info
ID
2458645
Listing Views
Attached DocumentsAttachment Disclaimer

Project Aisle Teaser (2).pdf


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Business Listed by: Jim Graf Winter Park Capital MB

Listing ID: 2458645 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.