Business For Sale

Destination Bridal Shop in Northwest Arkansas

Not Disclosed, AR
Washington County


Asking Price: Annual Revenue:
$175,000 $276,909

Retail: Clothing & Accessories


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RE: Destination Bridal Shop in Northwest Arkansas Broker: Jared Thompson
Owner Financing is Available!
$75,000.00

Quick Facts

Asking Price: $175,000
Annual Revenue: $276,909
Net Profit: Not Disclosed
Cash Flow: $115,611
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: Not Disclosed
Year Established: 2015
Employees: 3
BBN Listing #: 696741469
Broker Reference #: 0366-586517

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Business Overview:

This is one of the top bridal and formalwear shops in the fast-growing Northwest Arkansas market.

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Property Features and Assets:

This business has quickly established itself as one of the premier bridal and formalwear destination shops in the area! The business services a large radius that includes Southwest Missouri from its single, efficient location in Northwest Arkansas. This business focuses on superior customer service, a wide available selection for on-the-spot purchases, and maintaining a generally more affordable price point versus the competitive set. The business has seen a steadily-growing sales and profit trend, with 75% bridal sales and 25% other formalwear for occasions including pageants, school dances, galas, and quinceanera. The business utilizes 3 part-time employees, including one intern. They carry a wide variety of lines including some that are exclusive to this business in Northwest Arkansas.

Market Competition and Expansion:

Though competing against a few other local bridal shops, this business has become a destination shop with a loyal following. They offer the widest selection of new formals in Northwest Arkansas. • Increase number of bridal shows attended per year to realize incremental orders with the extra effort • Addition of in-house tailoring with revenue split • 900 more sf available for space expansion if desired • An additional location could easily be added with inventory selection from both stores • Increase brand awareness through increased marketing efforts

Reason for Selling:

Family

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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