Business Summary:
Charming Bridal shop , in its fourth growth year, available in an upscale community. The shop has a renowned reputation for a unique and exclusive "pampered bridal experience". The shop has earned protected distribution rights for several made-in-USA designs but is not restricted in the sale of any other quality lines of gowns. The existing store inventory of bridal gowns and accessories as well as dresses for the mother of the bride and attendants make the transition for this business very smooth for the buyer. The seller takes great pride in her business and will ensure a successful transition occurs by offering mentoring, as needed, for the new owner. Great family business or strategic acquisition for a competitor.
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| Year
Business was Established: 2008 |
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| Number of Employees:
3 |
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| Facilities / Terms of Lease:
Leased facility, very reasonable rent, 1200sf in an upscale retail block. Large windows offer much natural light. Cooperative and appreciative landlord. |
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| Potential
Growth/Expansion:
This business is perfectly sized and positioned for a new to the business owner or a strategic buyer to catch it on a steady growth line. In addition, while the current owner has concentrated on gown and accessory sales, expansion into tuxedo's and prom gowns is an accretive option for an ambitious merchant. |
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| Competition:
The bridal shop business in this area is a 40 - 50% margin business that does not compete on price. Each shop has its unique attraction, reputation and markets around those attributes. |
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| Owner
willing to train:
6 Weeks / $0 Cost |
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| Reason for selling:
Planned exit |
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Seller Reference Number: 3004-7228
BusinessMart.com Listing Number: 115270 |
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