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- RE: Rare Franchise Oppty. In The Retail Bridal Space
- Contact: Terry Watts
- License #: DRE#02191771
Quick Facts
Asking Price: | $85,000 | |
Annual Revenue: | $331,409 | |
Net Profit: | Not Disclosed | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2012 | |
Employees: | 2 | |
BBN Listing #: | 934882 | |
Broker Reference #: | 7005-18067 |
Business Overview:
This is a specialized boutique dedicated to providing a unique and memorable shopping experience for bridesmaids. They understand the importance of the bridesmaid role in a wedding, and their mission is to offer a curated selection of stylish, high-quality dresses to make every bridesmaid feel confident, beautiful, and special on the big day.
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Property Features and Assets:
Spanning a generous 1,020 square feet, our space is thoughtfully designed to offer not only five fitting rooms for an immersive shopping experience but also an inviting backyard that holds the potential for versatile utilization. This enchanting outdoor area is ripe for creativity, making it an ideal option for hosting unforgettable events such as bridal showers or creating captivating pop-up photo opportunities. The seamless integration of indoor and outdoor spaces adds a touch of versatility, providing a unique charm that extends beyond the traditional confines of a retail setting.
Assets = $203,125
Market Competition and Expansion:
In the realm of brick and mortar establishments, our venture stands unrivaled. While there are other local bridal shops, none share our dedication to this distinctive niche. The uniqueness of our focus sets us apart, creating a singular offering in the local market. Notably, the majority of competition comes from the online sphere, further emphasizing the exclusive nature of our brick-and-mortar presence. Nestled in an ideal setting for expansion and flourishing, this location offers more than just a storefront—it boasts an inviting outdoor space ready to be transformed into a charming venue for hosting bridal showers or creating captivating pop-up photo opportunities. The franchise's visionary approach to growth is already in motion, with the approval for expansion manifesting through the addition of three new designers and a strategic software update geared towards optimizing operational efficiency.
Reason for Selling:
Has recently embarked on a new chapter with the addition of a growing family.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
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