| Asking Price |
$149,000 | Inventory |
$75,000 (see summary)* |
|---|---|---|---|
| Gross Income |
$153,727 | Real Estate |
|
| Cash Flow |
$50,643 | Year Established | 2008 |
| FF&E |
$20,000* | Employees | 2 pt |
* included in the asking price
** not included in the asking price
Very nice and bright shop. Owner's husband just got promoted and a move may be in the works. Store is bright and spacious. Mid priced gowns with samples in view. Reputation is growing for great customer service and attentive employees. Fresh feel in this store. They sell gowns, accessories and even shoes. One stop shop. Inventory at listing date is $96k but the value fluctuates. That is why the listing says $75k. This is a minimum. Call Broker for pictures. Please note that financials are Jan-Oct 2009 actuals.
Facilities: 1,644 square foot store in a newer shopping complex. Very nice and open buildout Spacious. Two XL dressing rooms for brides and three smaller ones for bridesmaids or mothers.
Competition: This store draws from CT, NY, even RI. Spacious environment makes shopping very comfortable. This is NOT your grandmother's bridal store!
Growth/Expansion: Continue to grow organically and participate in wedding events.
Support/Training: Two weeks
Reason Selling: Possible move as husband recently promoted

Steve Lovas
914 552 0888
Chandalar Partners
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