Fantastic Bridal Boutique

Not Disclosed, FL
Miami Dade County

Asking Price: Annual Revenue:
$222,000 $342,274

Retail: Clothing & Accessories

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RE: Fantastic Bridal Boutique Broker: William DeCanio
Owner Financing is Available!
Loan/Seller - Amount: $10,000; Months: 24; Rate: 5.00% Monthly Payment: $438.71

Quick Facts

Asking Price: $222,000
Annual Revenue: $342,274
Net Profit: Not Disclosed
Cash Flow: $93,974
Total Debt: Not Disclosed
FF&E: $40,000
Real Estate: Not Disclosed
Year Established: 2016
Employees: 2
BBN Listing #: 585630
Broker Reference #: 2201707384

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Business Overview:

Fantastic Bridal and Special Occasions gown boutique in the center of the Coral Gables Shopping District. Great location with parking and very reasonable rent. Legacy business has been in same location for 12+ years. What sets this business apart from the ample competition is the quality of customer service clients have come to expect, and that the focus is on Special Occasion, mother-of-the-bride gowns, etc., rather than just bridal gowns. The owners have built a good niche but must sell due to distance to the shop from their home/schools. Husband and wife team will transition; professional employees will stay. Good inventory onsite; books and records are solid. Please refer to listing 2201707384, business broker William DeCanio when you inquiry about this listing.

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Property Features and Assets:

Lease/Month: $6,880; Square Footage: 1,500; Building Type: commercial; Terms & Options: 3 year; Expiration Date: 12/31/2022.

Market Competition and Expansion:

Non Compete : Miles: 20 Years: 3

Reason for Selling:

Moving out of the area.

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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