MergerPlace

Stunning Bridal Business

Michigan


  • Asking Price: $395,000
  • Gross Income: $742,500
  • Cash Flow: $82,378
  • Real Estate: Not Disclosed
  • Inventory: $330,000
  • FF&E: Not Disclosed
  • Listing ID: #205571
  • Established: 2007
  • Employees: 8

Business Description

Excellent opportunity to buy a high volume sought- after bridal boutique business in a desirable area of Southeast Michigan. This Boutique is well-known in the region, and has a great reputation in a wedding industry for providing exceptional personalized service to their customers. Clientele is drawn from all over Metro Detroit area through referrals and word of mouth.
The Boutique carries an extensive line for some of the most recognized designer dresses in the industry, many exclusive, as well accessories. Dedicated manager and sales staff are fully trained and capable of handling day to day business.

The turn-key operation includes all equipment, supplies, over $300K in inventory, elegant website and much more. Well-developed operating policies and systems are in place and ready for the new owner to take the business to the next level. The owner will provide excellent training to someone who desires to purchase a solid business positioned for growth & success.

Bank financing with our preferred SBA lenders will allow a Buyer to purchase the business with as little as 10-15% down at closing. More information is available with signed Non-Disclosure.


Business Details

Primary Business Category: Retail Trade - Clothing
Location: Michigan

Company Information

Year Established: 2007
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 8

Financial Information

Asking Price: $395,000
Gross Revenue: $742,500
Cash Flow: $82,378
Inventory: $330,000
Seller Financing Available: Yes

Property Information

Facilities:

Located in a desirable area with great traffic exposure and visibility, easy to get to with ample parking.

Growth & expansion opportunities:

With fresh energy of the new owner, this business will continue to flourish. The owner will be happy to share ideas on multiple ways to expand and grow.

Competition:

This business is well known in a wedding industry throughout Metro Detroit area. Stellar reputation and established name will continue bringing referral business.

Reason for selling:

Owner would like to devote more time to the family and other business.

Support & Training:

Owner will make sure that the buyer is trained/supported through an agreed upon period.

Contact Business Seller

This form may be used only to contact the seller of this specific business listing. Please do not use this form for any other purpose.

Business Listed By:

Tanya Popov

Inix Consulting and Brokerage