Elegant Bridal Salon in Morristown NJ

Morristown, NJ
Morris County

Asking Price: Annual Revenue:
$60,000 $268,242

Retail: Clothing & Accessories

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RE: Elegant Bridal Salon in Morristown NJ Broker: Kate Costello

Quick Facts

Asking Price: $60,000
Annual Revenue: $268,242
Net Profit: Not Disclosed
Cash Flow: $147,833
Total Debt: Not Disclosed
FF&E: $2,000
Real Estate: Not Disclosed
Year Established: 1984
Employees: 1
BBN Listing #: 4168344
Broker Reference #: 3482

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Business Overview:

Owner Motivated, Price Change Due to Health Issues. Elegant Bridal Salon, located in a very upscale town in Morris County. Situated in a Victorian home. Established in 1984, the salon has a long list of happy brides. This salon specializes in Mother of the Bride, Bridal Gowns, Bridesmaids and Prom dresses. Selling due to health issues. This is a great opportunity for a fashion oriented entrepreneur. Seamstress will stay on.

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Property Features and Assets:

First Floor of a Victorian House just off the Main Street in town.

Market Competition and Expansion:

Weddings are always happening with Brides needing assistance in choosing their gown. The business is set in an elegant setting. Excellent alterations. Owner has health issues and the salon has been functioning on limited hours. The new owner can go back to regular hours and start marketing again.

Reason for Selling:

Health Issues.

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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