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- RE: Bridal & Formal Wear Boutique With Alteration Serv
- Contact: Phil Goatley
Quick Facts
Asking Price: | $249,000 | |
Annual Revenue: | $310,765 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $120,743 | |
Total Debt: | Not Disclosed | |
FF&E: | $60,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 1983 | |
Employees: | 1 | |
BBN Listing #: | 985401 | |
Broker Reference #: | 60366-346283 |
Business Overview:
Premium bridal and formal wear boutique that offers a wide variety of products including wedding gowns, evening and ball gowns, pageant, prom, and quinceanera dresses, men's suits, tuxedos, and more. Alterations and emergency garment services are also provided.
Locally owned and operated business in since 1983.
Potential Growth
There is room for potential growth by adding employees and taking on more orders from customers for garments and alterations, etc.
Competitive Overview
The business has an estalished reputation with excellent reviews and is well known in the community. It has a track record of providing outstanding customer service.
This business is unique in that it is a one-stop shop for all bridal, prom, evening and dance wear, QuinceaĆera as well as mens suits and tuxedos.
The business operates from a commercial property in a central location, near a planned public transport route.
The property is made up of three parcels with two buildings, large trees on a red brick patio. It is zoned Commercial and R2. The property is available for sale separately from the business sale and is listed at $1.25M.
The sellers are open to purchase, lease to own or a lease. Currently the business operates from one of the buildings with additional storage units also on the property.
Furniture and equipment includes mannequins, sewing machines and furniture. Leasehold improvements include storage sheds, custom shelves and racks as well as changing rooms.
Additional information is available on request.
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Reason for Selling:
retirementAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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