Bridal Store In Affluent Community
Not Disclosed, MA Middlesex County
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- RE: Bridal Store In Affluent Community
- Contact: Timothy Larrabee
Quick Facts
| Asking Price: | $72,000 | |
| Annual Revenue: | $184,830 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $54,340 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $5,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1978 | |
| Employees: | 1 | |
| BBN Listing #: | 975662860 | |
| Broker Reference #: | 12821-793864 |
Business Overview:
This well established Bridal Store is owner - managed and has been in operation for over 40 years at a great location in Middlesex County. The business provides wedding dresses and accessories for sale or rental as well as alteration services. This bridal store is located on a busy main street in a very affluent town with a 2-level showroom and a large gown storage area.
The bridal store comes with a large, attached parking lot which provides easy, convenient access to the customer showroom. The owner is ready to retire and motivated to sell and would consider just the sale of bridal gown inventory valued at approximately $60,000. Many of the dresses and gowns include classic traditional models that can provide sales and rental revenue for the foreseeable future.
This business is a neighborhood icon that has been in business for 40 years and it has been continually managed by the current owner since the very beginning.
There are a few other competitors in the region but the prominent location and history of this business provides some strategic advantage over them.
This is an ideal opportunity for potential buyers to either occupy the space or purchase just the inventory for another location. The seller has not advertised this business in several years but she suggested a revamped marketing plan utilizing a mixture of traditional print and social media would greatly increase exposure and revenue for the shop.
The building includes a 2-level showroom, 4 fitting rooms and a large storage area. The lot has an attached paved parking area.
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Reason for Selling:
Retirement
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
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