Business For Sale

Specialty Dress Store

Not Disclosed, MI
Oakland County

Troy


Asking Price: Annual Revenue:
$375,000 $751,927

Retail: Clothing & Accessories


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RE: Specialty Dress Store Broker: Lisa Stephens
Owner Financing is Available!

Quick Facts

Asking Price: $375,000
Annual Revenue: $751,927
Net Profit: Not Disclosed
Cash Flow: $123,679
Total Debt: Not Disclosed
FF&E: $7,000
Real Estate: Not Disclosed
Year Established: 2000
Employees: 5
BBN Listing #: 462551226
Broker Reference #: 88461-91307

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Business Overview:

This beautiful retail store offers special occasion dresses for all age groups. Located in a high visibility, high foot traffic area, the store boasts a huge selection of high end designer label dresses at affordable prices. Well organized, neat retail space with ample room for customers to browse. Knowledgeable, longstanding staff will remain. Owner wants to retire, but is willing to stay on for transitioning/training. If you like fashion, this business is your dream come true.

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Property Features and Assets:

Longstanding history in retail sales of specialty dresses. The store has an excellent reputation and is known as the go-to destination for women's special occasion attire.

Market Competition and Expansion:

There are other stores and national chains that offer the same product category, but none match the selection, service, and reputation. Tight inventory control also helps this business maintain high margins, a fresh pipeline of new designs, and prevent loss. Showing Comments A fashion lover's dream come true Potential Growth This store has the potential to have a larger demographic and geographic reach. Hiring onsite manager, freeing the new owner to continue business development. Increase marketing through multiple mediums and partnerships. Create increased incentives for sales staff through commission structure.

Reason for Selling:

Retiring

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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