MergerPlace

Elegant Bridal Salon in NJ

Morristown, New Jersey (Morris)


  • Asking Price: $99,000
  • Gross Income: $268,242
  • Cash Flow: $147,833
  • Real Estate: Not Disclosed
  • Inventory: $32,000
  • FF&E: $2,000
  • Listing ID: #210374
  • Established: 1984
  • Employees: 1

Business Description

Elegant Bridal Salon, located in a very upscale town in Morris County. Situated in a Victorian home. Established in 1984, the salon has a long list of happy brides. This salon specializes in Mother of the Bride, Bridal Gowns, Bridesmaids and Prom dresses. Selling due to health issues. This is a great opportunity for a fashion oriented entrepreneur. Seamstress will stay on.


Business Details

Primary Business Category: Retail Trade - Clothing
Location: New Jersey
Metropolitan Area: Morristown
County: Morris

Company Information

Year Established: 1984
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 1

Financial Information

Asking Price: $99,000
Gross Revenue: $268,242
Cash Flow: $147,833
FF&E: $2,000
Inventory: $32,000
Seller Financing Available: No

Property Information

Facilities:

First Floor of a Victorian House just off the Main Street in town.

Growth & expansion opportunities:

Owner has health issues and the salon has been functioning on limited hours. The new owner can go back to regular hours and start marketing again.

Competition:

Weddings are always happening with Brides needing assistance in choosing their gown. The business is set in an elegant setting. Excellent alterations.

Reason for selling:

Health Issues

Support & Training:

Seamstress has been running the store for the last year she will continue working and assisting in the transfer.

Contact Business Seller

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Business Listed By:

Kate Costello

Capital Business Solutions