Business For Sale

Specialty Bridal Business For Sale-Central NJ

Not Disclosed, NJ
Monmouth County

Monmouth County, NJ


Asking Price: Annual Revenue:
$449,900 $748,000

Retail: Clothing & Accessories


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RE: Specialty Bridal Business For Sale-Central NJ Broker: Stan Rubinstein

Quick Facts

Asking Price: $449,900
Annual Revenue: $748,000
Net Profit: $160,000
Cash Flow: $160,000
Total Debt: Not Disclosed
FF&E: $25,000
Real Estate: Not Disclosed
Year Established: 2013
Employees: 5
BBN Listing #: 411954405
Broker Reference #: PBA 1967

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Business Overview:

Award winning business with a unique niche specializing in catering to brides and mother of the brides. The concept was established in 2013 and has seen significant top line revenue growth year to year. The business provides the bride and the mother of the bride with a private appointment and a broad selection of bridal gowns and other multiple revenue streams derived from the sale of related bridal accessories like veils, headpieces, belts, jewelry, and mother of the bride gowns, as well as alterations. This growing business is situated in a strip shopping center with a key geographical location in Central New Jersey which attracts customers as far north as New York City and south of Baltimore. There is little competition in this unique niche specialty bridal business which provides triple digit income to an owner/operator. The Ownership is willing to train and mentor to assure a smooth and seamless transition. A new energetic Owner may also consider Franchising the concept. This is a great opportunity for an entrepreneurial individual who is seeking to be their own boss and control their own destiny.

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Property Features and Assets:

The business is located in Monmouth County, NJ in a strip shopping center easily accessible from the Garden State Parkway, NJ and PA Turnpikes. Customers travel as far north as New York City, Staten Island, Brooklyn, Northern Jersey, Southern Jersey, Philadelphia metropolitan areas, Delaware and as far south as Baltimore. The store is in the center of an in-line shopping center with national, regional and local tenants. It is easily accessible from the Garden State Parkway and NJ and Pa Turnpikes. The inventory is NOT included in the sale. All furniture, fixtures and equipment are included.

Market Competition and Expansion:

The current Owner is confident that expansion of product lines to include other bridal accessories such as shoes and undergarments would generate extra revenues. Also, a more "private line" of gowns would produce higher profit margins. An in-house seamstress would also be an added source of income. Adding more hours and opening 7 days per week would be added revenue.

Reason for Selling:

Family - Growth & Expansion.

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.

Documents:

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Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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