RALEIGH, North Carolina
| Asking Price |
$449,999 |
Year Established |
1980 |
|
| Annual Revenue |
$1,270,560 |
Reason for Selling |
Retirement |
|
| Annual P/L |
$0 |
Attention |
Abba Gaspar |
|
| Annual Cash Flow |
$222,000 |
Listing Number |
994079 |
|
| # of Employees |
8 |
Business Category |
Retail: Clothing & Accessories |
|
Business Overview:
This is a rare opportunity to acquire a well-established formalwear retail business with over 25 years of operating history. The company serves a diverse clientele with bridal gowns, tuxedo rentals, prom dresses, quinceañera gowns, and accessories. With two leased storefronts, the business has strong brand recognition and repeat customer traffic.
The prom segment generates high seasonal sales, while bridal and tuxedo categories provide consistent year-round revenue. The business benefits from experienced staff, long-standing vendor relationships, and documented operating procedures—making this a true turnkey operation.
Location: Wake County
Business Type: Bridal, Prom & Formalwear Retail + Tuxedo Rentals
Established: Over 40 years
Inventory: Included in sale (seasonally adjusted)
Real Estate: Leased – high-traffic retail centers
Staff: Experienced sales, fitting, and management team in place
Key Highlights
Two established, high-visibility retail locations
Diverse revenue streams from bridal, tuxedo, prom, and accessories
Seasonal spikes from prom and formalwear in Q1–Q2
Steady, year-round bridal appointments and event-driven sales
Long-standing brand recognition with exclusive designer relationships
Dual branded websites and active digital presence
Trained, professional team allows for smooth transition
Opportunities to grow through e-commerce, private label, or pop-up/trunk show strategies
Seller is open to providing post-sale transition support
Ideal Buyer
This opportunity is well suited for:
An entrepreneur with an interest in bridal, fashion, or formal retail
An operator looking to scale through acquisition
A strategic buyer seeking a business with loyal clientele, brand equity, and trained staff already in place
Property Features and Assets:
<p><br>Two leased storefronts offer inviting showrooms, private fitting areas, and ample storage. Both are fully equipped with display fixtures, POS systems, seating, and lighting tailored for formalwear retail. Sale includes all inventory, customer database, digital assets, and exclusive vendor relationships. Leases are transferable with favorable terms.<br></p>
Market Competition and Expansion:
<p>There are endless possibilities to grow this operation. The new owner could sell online by building and e-commerce site so people can shop 24/7. Host special events at the shop like trunk shows or fashion shows. Provide in-store alterations so dresses fit just right<br></p>
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity