2 Bridesmaid Franchises

West Palm Beach, FL (Palm Beach County)

Seller Financing Available
Front
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Asking Price: $395,000

Cash Flow: $158,482

Gross Revenue: $553,394

EBITDA: $158,482

FF&E: $30,000

Inventory: $150,000*

Rent: $8,426.84

Established: 2013

*not included in asking price.

2 Bridesmaid Franchises

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Business Description

Two (2) Franchises that specialize in Bridesmaid dresses only and accessory's. The protected business area is from Vero Beach South for the whole East coast of South Florida. The business has 16 designers of dresses stocked. No competition, and no wedding dresses. The Miami area location was recently opened and is growing. Much of the business is by appointment. 2017 #'s include Start up expense for 2nd location.
The franchiser opened in 2006 and now nationwide has 53 showrooms. Bella Bridesmaids is the only physical retailer that caters specifically to bridesmaid dresses. Each franchisee owns a specific territory and this prevents a competing store from opening in the area. Franchise fee alone is over $100,000. The transfer fee will be split 50/50.

Detailed Information

Location:
West Palm Beach, FL
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
2,910
Lease Expiration:
11/1/2023
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This to two locations and the right for the area from Vero Beach south through the Keys. 1st location is 1,710 Sq. Ft. in a Shopping center (Publix anchor). 2nd Location is in an office building of 1,200 Sq Ft.
Competition:
No competition and no wedding dresses, just Bridesmaids and 16 designers...why go anywhere else!
Growth & Expansion:
Large protected territory and growing area will continue to grow.
Financing:
100,000.00 36 Months 7.0% $3,087.71/Month
Support & Training:
Owner will train for 2 weeks, and Franchiser has training for 2 days.
Reason for Selling:
New Baby
Franchise:
This business is an established franchise
Business Website:
http://www.bellabridesmaid.com/locations/palm-beach/
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Donald B. Dillon

Business Listed By:
Donald Dillon

Seawinds Investment Realty. LLC

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