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RE:  Luxury Bridal Salon - North Side Of Chicago Contact:  Andrew Everett

Quick Facts

Asking Price: $343,850
Annual Revenue: $400,079
Net Profit: Not Disclosed
Cash Flow: $74,994
Total Debt: Not Disclosed
FF&E: 80,000
Real Estate: Not Disclosed
Year Established: 2018
Employees: 2
BBN Listing #: 50464518
Broker Reference #: 161063-405275

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Business Overview:

This business is ready for the next bridal visionary who is ready to take a turnkey opportunity and make it their own. This opportunity can be operated as an owner operator or semi-absentee. This business boasts a high profit margin, is easy to operate, is among celebrity favorites, and has a strong social media following.

A luxurious and intimate bridal salon, this business is situated within one of Chicago's most popular and heavily commerce focused neighborhoods in the city. Once you step inside you will notice the high quality build out and shimmering environment that makes this a bridal dreamland. The owner has built this bridal salon into a well established local business with both national and worldwide recognition.

This is a rare opportunity to enter the bridal market under a licensing agreement with a well established location and nationally recognized brand!

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Property Features and Assets:

Monthly Rent: $7,000.00 Square Units (Foot, Meter): 2,650 Lease Expiration Date: May 31, 2027, 10:00:00 PM Terms Options: (2) 5 Year Options Facilities:Full ground floor showroom with a finished basement for additional storage.

Market Competition and Expansion:

Unlike many competitors, this business has a unique customization offering and low inventory model. This business also boasts intimate bridal suites where brides and their guests can relax and enjoy the variety of high quality gowns that this business has to offer. Lastly, this business enjoys a high profit margin on the dresses they carry.

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

Relevant Links:

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