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Businesses For Sale   >>   Massachusetts Businesses For Sale Categories   >>   

Full Line, Profitable Bridal Shop - Top Reputation

Location  Massachusetts,United States
Asking Price Range  $250K - $500K
Gross Revenues  $712000
Net Profit / Cash Flow  $108000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  1986
Number of Employees  6 - 9
Inventory  255000
Relocatable  No
Number of Employees  6 - 9
Real Estate  Leased
Training  Professional well established staff , owner will train
Reason for Sale  Family obligations force sale
Description  Well established and recognized as the industry leader in the local area. This shop has been providing excellent selection and service to bridal parties for over 35 years. The shop carries mid-priced and exclusive lines. Currently the business breaks down as follows: Wedding gowns (50% of revenue), Bridesmaids dresses (30% of revenue), Tuxedo rentals (10%) and dresses for social occasions such as proms etc. (10% of revenue). Market area includes western MA and northern CT. A second store if added in CT should be able to grow quickly as the company has a solid reputation in the area and brides travel to the MA location. A business of this quality seldom comes on the market. Current owner is absentee and an on premises owner should be able to increase sales. Turnkey operation, great staff in place. Professional third party business valuation available upon request.
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