Beautiful Bridal Shop In Growing Community
Location Ohio,United States
Asking Price Range < $250K
Gross Revenues $210000
Net Profit / Cash Flow $30000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1998
Number of Employees 1 - 3
Inventory 120000
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training The owner is including 4 weeks of training at the current sale price.
Reason for Sale The owner is starting a family and wants to be at home with children.
Description This well-known bridal shop with a newly renovated facility has
been a favorite in this upscale community for more than 14
years. It has local exclusivity on the number one bridal designer
in the industry, and also carries numerous other popular brand
names. The well-designed company website projects a
professional image and this bridal shop is listed on leading dress
designer websites that frequently drive new customers to the
store. It currently has more than 25 glowing online customer
reviews with an average rating of 4.9 out of 5. In addition to
annual revenues of $200,000-$260,000, this sale comes with
more than $120,000 in dress inventory ($300k retail value).
Running the business side of this bridal shop has been simplified
by the implementation of a comprehensive point of sale system
that tracks sales, order-management and inventory. The new
owner should be able to drive significant growth with moderate
marketing efforts. Additionally, this business has numerous
opportunities for expansion into online sales and other wedding
related services. Price = $85,000
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