Multi-Location Special Occasion Apparel Company
Business Description
Description:
The Company is a special occasion apparel retailer specializing in dresses. Operating online and through physical stores, the Company is known for elegant and stylish apparel that offers a wide range of products, including prom dresses, evening gowns, cocktail dresses, and wedding dresses, as well as accessories and shoes to compliment each outfit.
Key Aspects:
• The Company's average revenue from its fiscal year (FY) 2022 through 2024 was $29,238,216
• The Company's average gross profit (GP) margin from 2022 through 2024 was 60.4%
• Average adjusted EBITDA margin was 11.9% from 2022 through 2024
• The Company has store locations across the continental US
• The Company has an established 41-year operational history
• According to management, in 2024, the Company's gross profit margin for its private label products was 67.6%
Opportunities:
• Focus on optimizing the e-commerce platform to drive revenue growth
• Expand geographically to capture additional market share
• Strengthen and expand initiatives to drive international sales growth
• Implement a customer loyalty program to enhance customer retention and drive repeat business
• Expand inventory to include a broader selection of wedding dresses to enhance product offerings
Headquartered:
• Northeast, US
Current Markets:
• The Company serves customers seeking special occasion apparel throughout the US.
Real Estate:
• The Company operates from 14 retail locations, an office (1,706 sq. ft.), and a distribution center (8,800 sq. ft.). The retail locations, offices, and distribution center are owned by unrelated entities but may be leased long-term.
Shareholder Ownership:
• The Company is wholly owned by a holding company, which is owned by four inactive shareholders seeking to exit upon a sale.
The Company is a special occasion apparel retailer specializing in dresses. Operating online and through physical stores, the Company is known for elegant and stylish apparel that offers a wide range of products, including prom dresses, evening gowns, cocktail dresses, and wedding dresses, as well as accessories and shoes to compliment each outfit.
Key Aspects:
• The Company's average revenue from its fiscal year (FY) 2022 through 2024 was $29,238,216
• The Company's average gross profit (GP) margin from 2022 through 2024 was 60.4%
• Average adjusted EBITDA margin was 11.9% from 2022 through 2024
• The Company has store locations across the continental US
• The Company has an established 41-year operational history
• According to management, in 2024, the Company's gross profit margin for its private label products was 67.6%
Opportunities:
• Focus on optimizing the e-commerce platform to drive revenue growth
• Expand geographically to capture additional market share
• Strengthen and expand initiatives to drive international sales growth
• Implement a customer loyalty program to enhance customer retention and drive repeat business
• Expand inventory to include a broader selection of wedding dresses to enhance product offerings
Headquartered:
• Northeast, US
Current Markets:
• The Company serves customers seeking special occasion apparel throughout the US.
Real Estate:
• The Company operates from 14 retail locations, an office (1,706 sq. ft.), and a distribution center (8,800 sq. ft.). The retail locations, offices, and distribution center are owned by unrelated entities but may be leased long-term.
Shareholder Ownership:
• The Company is wholly owned by a holding company, which is owned by four inactive shareholders seeking to exit upon a sale.
Listing Info
- ID
- 2320806
- Listing Views
- 177
Attached DocumentsAttachment Disclaimer
Teaser_v_1_BN000058455_Multi_Location_Special_Occasion_Attire_Company.pdf
Listing ID: 2320806 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.