Reduced - Established Bridal and Tux Business

Not Disclosed, TN
Blount County

Asking Price: Annual Revenue:
$39,000 $63,003

Retail: Clothing & Accessories

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RE: Reduced - Established Bridal and Tux Business Broker: Doug Kose

Quick Facts

Asking Price: $39,000
Annual Revenue: $63,003
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2004
Employees: Not Disclosed
BBN Listing #: 158654611
Broker Reference #: 5182-793392

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Business Overview:

The average wedding cost in the US is $25,200*. The bride’s wedding dress continues to be the central focus and pinnacle moment of the Big Day.

This bridal and tux store is located in the Knoxville area and has been established for over 15 years with the surrounding counties. Store is authorized dealer for three widely recognized designers in the industry and carries other brands as well to provide great options for a wide customer base. One third of total sales came from prom season and tux rentals via a limited marketing budget. Good online reviews. A motivated owner can take this business to a new level.

Price REDUCED - Motivated Owner!

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Property Features and Assets:

There is one other competitor within a 25-mile range serving an immediate 125,000 population, but market is inclusive of four surrounding counties: Knox, Sevier, Loudon and Monroe counties.

Market Competition and Expansion:

Growth opportunity is to attend more wedding shows in Southeast; carry plus size dresses; develop a more comprehensive marketing program with a stronger social media presence; add VIP showings and expand store hours.

Reason for Selling:

Other business interests.

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.

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