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Formal Wear Boutique for sale in SC

South Carolina (SC)

Asking Price: Gross: Cash Flow:
$ 249,900 $ 122,350 $ 57,245

Furniture and Fixtures Value:
$ 18,784 (included in the asking price)

Inventory Value:
$ 144,010 (included in the asking price)

Business Summary:
This is a full service bridal shop. They specialize in wedding dresses, bridesmaid dresses, pageant dresses, shoes, tux rentals and accessories. They also receive a large number of gently used wedding dresses, bridesmaid dresses and pageant dresses on consignment. $144,000 worth of inventory is included in the price for the business.

 

   
Year Business was Established: 2005
   
Number of Employees: 1 FT / 2 PT  
   
Facilities / Terms of Lease: The facility is charming with several thousand feet of inventory to browse.  
   
Potential Growth/Expansion: This business relies primarily on word of mouth with very limited marketing. They could market to pageants, florists, networking events, bridal shows and use social media to expand their customer base. They could also increase revenue by opening more hours. They are currently open 4 days a week, with Saturday being a half-day.  
   
Competition: The nearest competitor is approximately 12-15 miles away. There are approximately 8 other Bridal shops located from 12 - 20 miles away.  
   
Owner willing to finance: $149,900 down/$100,000 for 120 mos. @ 7%.  
   
Owner willing to train: Will train for 6 weeks @ no cost  
   
Reason for selling: Owners want to retire.  
   
Seller Reference Number: 1207-14148
BusinessMart.com Listing Number: 228590
 

 

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For more info contact:

Russ Bieber

Murphy Business & Financial Services
727-725-7090

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