Business Overview:
Charming Bridal shop, in its fourth growth year, available in an upscale community. The shop has a renowned reputation for a unique and exclusive "pampered bridal experience". The shop has earned protected distribution rights for several made-in-USA designs but is not restricted in the sale of any other quality lines of gowns. The existing store inventory of bridal gowns and accessories as well as dresses for the mother of the bride and attendants make the transition for this business very smooth for the buyer. The seller takes great pride in her business and will ensure a successful transition occurs by offering mentoring, as needed, for the new owner. Great family business or strategic acquisition for a competitor.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
Leased facility, very reasonable rent, 1,200 sq. ft. in an upscale retail block. Large windows offer much natural light. Cooperative and appreciative landlord.
Market Competition and Expansion:
The bridal shop business in this area is a 40 - 50% margin business that does not compete on price. Each shop has its unique attraction, reputation and markets around those attributes.
This business is perfectly sized and positioned for a new to the business owner or a strategic buyer to catch it on a steady growth line. In addition, while the current owner has concentrated on gown and accessory sales, expansion into tuxedo's and prom gowns is an option for an ambitious merchant.
Reason for Selling:
Planned exit
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.
Resources: