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Price Reduced! Semi-Absentee Owner Bridal Boutique
Not Disclosed, NC
MECKLENBURG County
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| Asking Price: | Annual Revenue: |
| $215,000 | $591,904 |
Retail: Clothing & Accessories
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RE: Price Reduced! Semi-Absentee Owner Bridal Boutique
Contact: Greg Barnes
Quick Facts
| Asking Price: | $215,000 | |
| Annual Revenue: | $591,904 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $98,991 | |
| Total Debt: | Not Disclosed | |
| FF&E: | 5,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2014 | |
| Employees: | 5 | |
| BBN Listing #: | 567649300 | |
| Broker Reference #: | 14341-611917 |
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Business Overview:
Well-established bridal and formalwear retail store for sale. This boutique has been operating since 2014 under its original owner. Located in a beautiful section of Charlotte, NC this store draws local and destination wedding clients. The store currently sells bridal gowns, bridesmaid dresses, mothers' gowns, prom/evening wear, flower girl dresses, and all bridal accessories. The store has a great working relationship with the most reputable and best-selling bridal designers in the industry. The store is up to date and current with all designers that are sold in the store so the new owners would be able to take over selling the same designers with no interruption.
The current owner of this store has worked extremely hard to build a reputable and sought-out bridal boutique for customers within an approximate 150-mile radius. The owners thrived on providing the best possible customer service and have benefitted greatly from word-of-mouth advertising because of their excellent customer service. The boutique has been known for its friendly and comfortable atmosphere and incredibly helpful staff.
The boutique currently leases its approximately 1000 square foot storefront. The store's location is easily accessible from anywhere in Charlotte and has a large parking area for customer parking with additional employee parking behind the building. The lease term ends June 2023 and should be easily renewable for the new owners. This is a great opportunity for a seasoned or new entrepreneur.
Very little brick and mortar competition in the area.
Expanding the hours, social media marketing and charging for appointments could greatly increase revenue. Opening up locations in other cities like Asheville and Winston Salem.
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Reason for Selling:
Other interests.
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
Relevant Links:
- View more North Carolina businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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