Bridal Boutique Franchise in Austin, TX

Austin, TX (Travis County)

Seller Financing Available
Bridal Boutique Franchise in Austin, TX
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Asking Price: $239,000

Cash Flow: N/A

Gross Revenue: $441,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $3.60 /Month

Established: 2010

Bridal Boutique Franchise in Austin, TX

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Business Description

Established Bella Bridesmaids franchise for sale

We are Bella Bridesmaids, located at 500 N. Lamar Blvd., Suite 165, Austin, TX 78703, and we love a wedding! Bella Bridesmaids Austin is part of a network of 52 franchises across the country. Each franchise owns a protected territory with includes the entire metropolitan area (MSA) surrounding the showroom. We have the largest collection of bridesmaids dresses from the world's leading designers in our Bella Showrooms. Bella is the only nationwide brick & mortar retailer that caters specifically to bridesmaids and also offers special occasion dresses.

Bella Bridesmaids has grown to a franchise of 52 stores run by incredibly smart, talented and entrepreneurial owners - most of whom live, work, and play in the cities in which their stores are located. We are looking to transition the Austin showroom to new ownership that will not only continue our tradition of great customer satisfaction, but also take our unique bridesmaids experience to the next level!

We provide a one-on-one, consultative experience to brides to find the bridesmaid dresses of her dreams. We offer a wealth of wedding and designer information you need to bring the bride's vision to life and make each bridesmaid look and feel their absolute BEST on her big day. Our Austin store features 19 designer lines, including a number of styles exclusive to Bella. No bridal store in the area comes close to our extensive offering.

Bella Bridesmaids corporate provides online marketing and sales support, including a national website, a Virtual Showroom that is unique to Bella, Google Adwords & Social, and advertising in Martha Stewart Wedding. Our store also advertises in theknot.com, and we have been featured in The Driskill Wedding Showcase and Tribeza magazine here in Austin. We also have administrative support for our Agiliron sales management software and Qvinci financial reporting software.

Detailed Information

Location:
Austin, TX
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,000
Lease Expiration:
8/31/2020
Facilities:
Excellent location at the 500 North Lamar center. Ample free parking this close to downtown is a real asset. The Whole Foods flagship store and West Elm are across the street. Assets include all fixtures and furniture, the large inventory of bridesmaids dresses, computer hardware, signage, and 2 years left on the lease with Endeavor. The store is a chic and modern 1,000 sq ft, having been redone in 2016 when the franchise rebranded. No startup costs and no initial franchise fee. Established book of business with a data base of over 8,000 clients
Competition:
Bella Bridesmaids Austin has a protected territory covering the entire metropolitan area of Austin (Travis County) plus Round Rock (Williamson County) and San Marcos (Hays County). Our total MSA population is 2,056,405. We are the only boutique bridesmaids business in the downtown area. Bella Bridesmaids stands out in the bridal/wedding industry in terms of quality, customer service, and overall experience. It doesn't matter where the wedding is, or where the bridesmaids are located. We are experts at outfitting bridesmaids near and far!
Growth & Expansion:
Our store has grown every year through referral and online marketing efforts. We grew by the 4th largest percentage of any of the other Bella franchises in 2017. Plenty of opportunity exists for continued growth through local marketing efforts, including outreach to Round Rock and San Marcos.
Support & Training:
We are prepared to be hands-on throughout the sale and subsequent owner transition, offering guidance and training to the new owner(s). This assistance is in addition to the extensive training provided by the national franchise Bella corporate staff. Vendor relations are already established and introductions will be made. The current stylist plans to remain.
Reason for Selling:
Co-Owner/Manager wants to pursue a career opportunity that she has been offered.
Franchise:
This business is an established franchise
Business Website:
http://www.bellabridesmaids.com
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Business Listed By:
Joe Breeland

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