Business for Sale Overview:
A well-established and profitable bridal salon is available for sale! This is a fantastic opportunity for an owner with experience in the bridal industry or an eye for fashion to enter into a profitable and recession-proof business! The business has enjoyed a long-standing positive reputation in the area, leading to a high number of referrals. 2008 sales were $311,500 and the seller’s estimated discretionary income was approximately $92,000. The business sells gowns and dresses for brides, bridesmaids, mother-of-the-brides and flower girls. They also sell accessories such as shoes, jewelry, headpieces and veils.
For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.
Property Features and Assets:
The location is $3,270 square feet with a large parking lot outside. The spacious and airy location includes several dressing rooms, as well as storage rooms and plenty of space to display dresses. There is a favorable lease in place and the owners recently renegotiated to pay less rent.
Market Competition and Expansion:
A new owner can increase the amount spent on marketing and advertising to include ads on theknot.com and in local and regional bridal magazines. They could also be involved in local bridal shows and expos to gain additional exposure for the business. The business could also expand to include tuxedos, special occasion dresses and lingerie. If an owner had experience in event planning and/or the bridal industry, they could create a “one-stop shop” for brides and do event planning, invitations, etc from the location. A new owner may choose to rent space or allow for an event planner to be on site to assist brides.
Reason for Selling:
Different career aspirations
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
Contact the Seller:
To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.