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Bridal Dress Shop

Oakland County, MI

Bridal Dress Shop
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Asking Price: Get Financing: $425,000

Cash Flow: $179,000

Gross Revenue: $742,125

EBITDA: N/A

FF&E: N/A

Inventory: $170,000*

Established: 1995

*not included in asking price.

Bridal Dress Shop

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Business Description

SBA QUALIFIED WITH 20% DOWN.This is a rare opportunity to purchase one of Michigan's premiere Bridal Shops in Oakland County. This shop has been in business for more than a decade and has a fantastic reputation for offering designer wedding gowns, bridesmaids, bridal accessories, in-house alterations, and superior quality services. They are one of very few and selected bridal shops in Michigan to ever win the “The Knot Hall Of Fame” award. Additional awards include, The Knot best of Weddings 2017, Wedding wire Couples Choice Award, which represents one of the top 5% of wedding professionals nationwide, among many more awards at a local and national level. As a full service bridal shop, they represent many world renowned designers for bridal fashion and have exclusivity within the state of Michigan for some of these brands. Staffed with seamstresses totaling 45 years of experience, and well trained sales consultants, combined with abundance of inventory, shop supplies, professionally built website, and much more, don’t miss this opportunity to acquire one of the top bridal shops in Michigan. For more information call Merrick Blumenthal at 248-891-9649 or visit www.merrickbusinessbroker.com

Detailed Information

Inventory:
Not included in asking price
Employees:
2 Full, 3 Part
Facilities:
Leased space in a high end mall on a highly traveled road.
Competition:
Although there are a lot of bridal salons in Oakland county they don't have the designer lines, quality of gowns or experienced full time seamstresses.
Growth & Expansion:
By adding Evening gowns, Tuxedo rentals, dresses for the mother of the brides and prom dresses you would have a huge increase in business.
Financing:
Yes, with $120,000 Down with SBA approval
Support & Training:
As much as the buyer needs to insure their success
Reason for Selling:
Retirement, Health Issues
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Merrick Blumenthal

Business Listed By:
Merrick Blumenthal

Capital 1 Business Brokers.

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