MergerPlace

Thriving Retail Bridal

Pennsylvania


  • Asking Price: $300,000
  • Gross Income: $465,000
  • Cash Flow: $106,500
  • Real Estate: Not Disclosed
  • Inventory: $185,000
  • FF&E: Not Disclosed
  • Listing ID: #205826
  • Established: 2015
  • Employees: 2

Business Description

The extensive inventory and prime location of this business, combined with the welcoming atmosphere for clients, have resulted in a quick rise from start-up to a must stop for those planning any special occasion that requires an extra-special wardrobe. Exclusive agreements with recognized designers mark this as a highly rated and unique gem for 50 miles or more.
The owners have moved this business quickly through its beginning stages to the point where it is hitting its stride. The leased property, in a very attractive and well-trafficked area, is transferrable to a new owner. All leasehold improvements would transfer, as well.
While the physical location has been a big driver of business thus far, a strong online presence allows the business to capture that segment of the market more comfortable using ecommerce channels to meet its needs.


Business Details

Primary Business Category: Retail Trade - Clothing
Location: Pennsylvania

Company Information

Year Established: 2015
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 2

Financial Information

Asking Price: $300,000
Gross Revenue: $465,000
Cash Flow: $106,500
Inventory: $185,000
Seller Financing Available: Yes

Property Information

Facilities:

Leased storefront in active urban center with ample parking and very good traffic on foot and in vehicles.

Growth & expansion opportunities:

This business provides a very sound base for additional locations. Expansion of the online presence could also add additional revenues unconstrained by location.

Competition:

The bridal market is competitive but the owners have set a very high standard with arrangements with recognized designers and their comprehensive line for any formal occasion. That has made this the shop to go to for quality. Their attention to online business also distinguishes them from competition.

Reason for selling:

An emergent opportunity will soon require full-time attention.

Support & Training:

Negotiable.

Contact Business Seller

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Business Listed By:

Larry Bonino

Marathon Capital Advisors