Profitable Bridal Shop - Semi Absentee Owner

Not Disclosed, NJ
Morris County

Asking Price: Annual Revenue:
$275,000 $543,333

Retail: Clothing & Accessories

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RE: Profitable Bridal Shop - Semi Absentee Owner Broker: Bob Dunphy

Quick Facts

Asking Price: $275,000
Annual Revenue: $543,333
Net Profit: Not Disclosed
Cash Flow: $145,655
Total Debt: Not Disclosed
FF&E: $132,651
Real Estate: Not Disclosed
Year Established: 2007
Employees: 9
BBN Listing #: 713535879
Broker Reference #: 6842-451606

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Business Overview:

Everyone loves a wedding! And this retail store located in northern New Jersey loves to make sure the bridesmaids are as stylish and beautiful as the bride. They have the largest collection of bridesmaid dresses from the world’s leading designers in their showrooms. With hundreds of dresses to choose from, they cover every fashion trend and their personal stylists can guide customers to just the right choice. Whether the wedding is in a grand ballroom or a hoedown on the family farm, they have bridal parties covered because they recognize that every bride has her own vision and each bridesmaid is unique. The showroom is designed to be a comfortable, inviting space where brides and your wedding parties can relax, have fun, and play dress up. And they ship dresses anywhere in the continental United States.

This business is operated on a semi-absentee basis with the owner handling back office operations remotely. Management and staff are in place and ready for a new owner to unlock the growth potential.

Hours: Tue-Fri 11am-7pm, Sat 10am-6pm, Sun 11am-4pm (Summer: Closed Sundays)

Lease: One year remains on the lease and there is a five-year option. Base rent is $1,708/month. 1,495 square feet.

The Transaction: The deal structure will be an asset sale. The reason for the sale is the sellers’ desire to focus on other business interests. Owner will train for two weeks at no charge.
Offered at $325,000.

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Market Competition and Expansion:

Expanding the New Jersey territory to other counties, especially Bergen, Middlesex and Monmouth.

Reason for Selling:

Other business interests.

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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