Southwest, VA- Bridal Boutique and Formal Wear business for sale

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Asking Price:
$392,000

Gross Revenue:
$448,776
Cash Flow:
$120,965
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$405,000
included in asking price

FF&E:
 Not Disclosed
included in asking price

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Business Description

Excellent opportunity to buy a high volume, sought- after bridal boutique and formal wear business in a desirable area of Southwest, VA with over 30 years of success and providing an owner a six figure income. This Boutique is well-known in the region and has a great reputation in the wedding and formal wear industry; by providing exceptional personalized service to their customers.

This business has been a staple in the community with over 30 years of success and very limited competition. Clientele are drawn from surrounding areas as the business thrives on the largest inventory of formal gowns in the area and benefits through referrals and word of mouth. The Boutique carries an extensive line from some of the most recognized designer dresses in the industry; many exclusive, as well as accessories. Dedicated sales staff are fully trained and capable of handling day to day business operations. This Bridal boutique and formal wear business knows how to cater to the clients every need involving Bridal, Prom, Special occasion and Pageants and also supports a successful online business.

This turn-key operation includes all equipment, supplies, over $400,000 in inventory, as well as an elegant website and prime location with ample parking. Well-developed operating policies and systems are in place and ready for the new owner to take the business to the next level. The current owner will provide excellent training to someone who desires to purchase a solid business positioned for growth & success.

For more information about this exceptional business opportunity, please contact:
Jenni Hushour, Broker - CMSBB
Email: jhushour@sunbeltnetwork.com
Phone: (540) 293-0340
Visit and like my facebook page at: https://www.facebook.com/jennihushourbroker

For more information on this business or any other business that you may be interested in, please contact Sunbelt Business Brokers of Roanoke and Lynchburg - United Country/Roanoke Realty & Auction located in Roanoke, VA.

Contact information: 540-293-0340 or jhushour@sunbeltnetwork.com.

View our company website at http://http://www.sunbeltnetwork.com/roanoke-va/. You can also like our Facebook page and receive periodic business listing updates. Our Facebook page is Sunbelt Business Brokers of Roanoke and Lynchburg - https://www.facebook.com/sunbeltbusinessbrokersroanoke

About the Business

Year Established:
1985
Real Estate:
Leased
Market Outlook/
Competition:
No direct competition for formal gowns in the area. This business has the largest selection of formal, wedding and pageant gowns.
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About the Sale

Reason For Selling:
Moving out of state
Training/Support:
Owners are willing to train for a negotiated period of time and are dedicated to the success for a new owner.

Listing Info

ID:
1503478
Ad Detail Views:
389

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Business Listed by

Jenni Hushour

Sunbelt Business Brokers

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Sponsoring Broker:

Mike Keen
Sunbelt Business Brokers

U.S. Census Data for Botetourt, Montgomery, Roanoke, Roanoke city and Salem city Counties, VA
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Botetourt, Montgomery, Roanoke, Roanoke city and Salem city Counties, VA
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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