Businesses For Sale

Bridal Shop-(Triangle Area)

Asking Price:$460,000 Gross Income:$1,160,159 Cash Flow:$174,808 FF&E:$0
Inventory:$200,000 Real Estate:$0 Year Established:2008 Employees:6

Description:This is an excellent opportunity to own a long established Bridal Shop. This shop was opened in 2008 and has shown a steady increase in business ever since. This shop is located in a high traffic, destination shopping center and it is well equipped with excellent surroundings and fixtures along with top quality gowns and accessories. This is a turnkey opportunity with a proven track record. All of the heavy lifting of locating, designing and securing the designer lines has already been established.

Facilities:Approximately 4,300 square of space built out for an upscale bridal boutique. There are currently 7 years remaining on the lease.

Competition:While there are a few other bridal shops serving the market, this shop has proven to earn its customers and repeated referrals through its strong reputation for top quality and customer service.

Growth/Expansion:There are a number of growth opportunities for a buyer to grow the business. The room is available within the current space to add Tuxedos, expand into selling bridal gifts, doing consignment sales with wedding jewelry or used gowns. Also adding a full time seamstress in house would create many additional income opportunities. Finally the new owner could introduce more lines of dresses at lower price points to attract a greater volume of customers.

Support/Training:Owner willing to provide training

Contact Information

Contact:   Tim Martin

Phone:   919-524-7070

Email:   tmartin@empirebizbroker.com

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