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- RE: Established Bridal/Prom/Formal & Alternations Shop
- Contact: Julie Cameron
Quick Facts
Asking Price: | $349,000 | |
Annual Revenue: | $401,994 | |
Net Profit: | $175,302 | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | $9,220 | |
Real Estate: | Not Disclosed | |
Year Established: | 1995 | |
Employees: | 4 | |
BBN Listing #: | 946669 | |
Broker Reference #: | 1055 |
Business Overview:
This profitable, thriving, family-owned business, established for nearly 30 years, conveys with substantial inventory valued at approximately $430,000 included in the listed price. This is an incredible value as the inventory alone is worth well-above the asking price of the business. This popular shop provides expert service and a wide selection of beautiful designer bridal, prom, formal, and special occasion dresses. The business also sells a full range of accessories including veils, jewelry and headpieces, gloves, belts, and more. A significant part of the business's success stems from its profitable alteration services offered for both dresses purchased in house as well as any outside garment. Large, loyal customer base from Nashville and states surrounding Tennessee return year after year, and generation after generation, due to the expertly curated collection of dresses in all sizes, priced reasonably and affordably. The business is also poised for additional income through its established online sales platform. It is located in a fantastic, highly visible area with a long-term, affordable lease in place, right in the heart of Nashville with close proximity to downtown, Vanderbilt/Belmont area, and Belle Meade.
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Market Competition and Expansion:
Reason for Selling:
Other business ventures. Kindly ask the seller for more information.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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