Top Bridal Shop in Bay Area for sale

San Jose, CA
Santa Clara County


Asking Price: Annual Revenue:
$1,150,000 $1,569,193

Retail: Clothing & Accessories


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RE: Top Bridal Shop in Bay Area for sale Broker: Michael Floorman
License #: 01160661

Quick Facts

Asking Price: $1,150,000
Annual Revenue: $1,569,193
Net Profit: $293,042
Cash Flow: $293,042
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1985
Employees: 7
BBN Listing #: 4297931
Broker Reference #: 10781

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Business Overview:

This bridal, prom & tuxedo shop has been established for decades under the same ownership. It’s located on a major thoroughfare of South Bay with great traffic exposure, large parking lot and easy access to Freeway. It’s one of the top bridal shops in Bay Area. The business has grossed $2MM+ and netted $500,000+ before pandemic. Even with shut down during the pandemic, it still had very strong cash flow. The first few months of 2022 already indicated the annual revenue back to the track of $2MM+. It has spacious display area, large dressing rooms and mirrored areas for viewing. SBA loan pre-approved. $500,000 inventory is included. The owners are selling to retire. Ref#10781

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Property Features and Assets:

The current lease will expire on 12/31/2024, Rent $12,548, NNN $6,130, 6,070 square feet. Hours Monday, Thursday, Friday and Saturday, Sunday from 10 am to 6pm, Tuesday, Wednesday from 12 pm to 8 pm.

Reason for Selling:

Retirement

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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