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High Volume Bridal Salon For Sale
Location Pennsylvania,United States
Asking Price Range $500K - $1.0M
Gross Revenues $800000
Net Profit / Cash Flow $130000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1985
Number of Employees 6 - 9
Inventory 500000
Relocatable No
Number of Employees 6 - 9
Real Estate Owned
Training Owner will stay on for a smooth transition and may consider working on a part-time basis if needed.
Reason for Sale Owner is semi-retiring.
Description We've just been authorized to represent a well-known and reputable Bridal Salon & Boutique for sale, located in the heart of Montgomery County, PA. Today the current retail location offers the convenience of one-stop shopping with head-to-toe dressing and on-site alterations for the bridal party. In addition they provide a variety of bridal accessories from shoes and veils to earrings and purses. This business presents a great opportunity for someone looking to run the business on a full-time basis, to a similar company seeking to expand their current product lines or for someone working in the business industry seeking to be on their own. With great designer brands to choose from this business includes approximately $500,000 of exquisite designer inventory. Optional Real Estate can also be acquired resulting in an additional $60,000 in rental income to the new operator. Owner will stay on for a smooth transition and may consider working on a part-time basis if needed. An ambitious and hard working operator could easily increase business performance and profits as the current operator has taken a laid back approach. Bridal service continues to strive in good and bad times and is essentially a recession resistant industry. The current and only owner is semi-retiring after 20+ successful years. Gross sales are $800,000 with Owner Cash Flow of $130,000. Cash Flow if property is purchased would be approximately $190,000. Current asking price is $800,000. Real Estate is optional.
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