Business For Sale

Market Dominating Bridal & Formal Biz

Not Disclosed, LA


Asking Price: Annual Revenue:
$683,000 $850,922

Retail: Clothing & Accessories


Request More Information
Contact the Seller

RE: Market Dominating Bridal & Formal Biz Broker: Jethro Hopkins
License #: 20160012
Owner Financing is Available!
Negotiable

Quick Facts

Asking Price: $683,000
Annual Revenue: $850,922
Net Profit: Not Disclosed
Cash Flow: $127,567
Total Debt: Not Disclosed
FF&E: $87,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 7
BBN Listing #: 618856295
Broker Reference #: Not Disclosed

Email, Print & Share

Request More Information
Contact the Seller


Business Overview:

Bridal and Formal Business with decades of market dominance means that you can step in as the new owner and reap the rewards vs. trying to break into a market as a startup.

Below are a few of the highlights of the business:

EXCLUSIVE Authorized Retailer for many of product lines. There are a total of 14 bridal vendor relationships for wedding gowns alone - and 11 of those vendors we have exclusively in North Louisiana agreements. What that means to the new owner is that you can shut out the competition for the most desirable bridal options!

Operating Policies and Daily Processes are in place for every aspect of the business, including but not limited to, Inventory Control, Customer Relations, Sales Process, Special Ordering Process, Store Operations Handbook, Social Media Management, Employee Compensation and Bonuses, just to name a few. That means this business is NOT dependent on the existing owners - it's far more of a TURN KEY business!

Software Operating System designed specifically for bridal and formal retail store is already in place and includes a relationship with software developer of 20+ years.

MASSIVE Client Data Base Asset– the operating software contains 26 years of client database (business has been around longer). This includes over 100,000 clients with a purchase history! In addition, the seller has 26 years of data on potential clients who visited the store without a purchase history. Imagine being able to step in and immediately target these lists with additional offers as you grow the business.

Strong rankings on Google, authority in Social Media, and private VIP pages means this business is primed to push out any marketing initiatives desired by the new buyer!

Plenty of options for product expansion on top of an already dominant line and service team that's ready to work for you!

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

6,000 square foot showroom 4,000 square foot support areas all so includes around $425,000 in inventory on any given month.

Market Competition and Expansion:

Expanded into formal wear, but still room for product line and service expansion for revenue growth. With the MASSIVE list of buyers and prospects, there is also a great deal of opportunity for continued marketing and joint venture product offerings. Market dominance for decades. Competitors pop up but most are short lived.

Reason for Selling:

Retirment

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Relevant Links:

Request More Information
Contact the Seller



BusinessBroker.net is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!