Established premier formal wear retailer specializing in prom and quinceañera dresses, recognized as Michigan's leading destination for special occasion attire. Operating successfully since 2000, this profitable business has built a strong reputation and loyal customer base throughout the state.

Business Highlights:
• 24+ years of continuous operation with established brand recognition
• Dominant market position in Michigan's formal wear industry
• Spacious 7,860 square foot retail location in Troy, Oakland County
• Strong seasonal revenue model with recurring annual customers
• Comprehensive inventory of prom and quinceañera dresses
• Owner retiring after decades of successful operation

Financial Performance:
• Annual Revenue: $500,000
• Cash Flow (SDE): $150,000
• Asking Price: $299,000 (includes $300,000 inventory)
• FF&E Value: $10,000
• Monthly Lease: $4,000

Location & Facilities:
Prime retail location in Troy, Michigan, offering substantial floor space for extensive inventory display and customer service. The large format store provides ample room for private fitting areas and seasonal merchandise.

Owner Support:
Seller will provide 10 days of comprehensive training covering all operational aspects, supplier relationships, inventory management, and customer service protocols.

Financing:
Seller financing available. Cash purchase required as bank financing is not acceptable to seller.

Ideal Buyer Profile:
Experienced retail operators or those with substantial relevant experience in fashion/formal wear industry. Strong cash position required.

Growth Potential:
Established customer base provides foundation for continued growth. Opportunities exist for expanding product lines, enhancing digital presence, and building on the strong brand recognition already established in the Michigan market.

This turnkey operation represents an exceptional opportunity to acquire a market-leading formal wear business with decades of operational success and strong brand equity.