Bridal Shop and More! Price Reduced

Boise, ID (Ada County)

Bridal Shop and More! Price Reduced
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Asking Price: $99,500

Cash Flow: $11,578

Gross Revenue: $244,510

EBITDA: N/A

FF&E: $11,920

Inventory: $92,004

Rent: $4,167 /Month

Established: 1996

Bridal Shop and More! Price Reduced

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Business Description

Bridal Shop and More!

Turn-Key Established Bridal Shop & More: The business was founded in 1996 and has well known name recognition for beautiful Prom, Homecoming and Formal Wear in the Treasure Valley. Owners are selling because they do not have enough time in their busy schedules and want to slow down a bit. They have a lot of repeat customers for all of “Life’s Milestones” that are important.

-Excellent mall location with lots of foot traffic visiting the mall when they are in town and many travel from out of town to buy dresses there.
-Convenient service of providing alterations for dresses bought in the store.
-Offers Quinceanera Dresses and complete packages for Birthday Parties –A One Stop Shop for dresses, flowers, Bible, Guestbook, Photo Albums and accessories. The Hispanic customer base is large and their dresses appeal to customers of many backgrounds.
-Business offers a 5 month Lay-Away-Plan so customers can make 5 equal payments on their Bridal or Quinceanera Dresses.
-Business is an Authorized Retailer for many Famous & Top Designers including Bill Levkoff, Mary’s and Terani.
-Customers tell the staff regularly that they have Beautiful and Unique Dresses that can’t be found anywhere else and that other places dresses are not as special. Their dresses Stand Out and Make a Statement!
-And for the Men, they have suit & tuxedo rentals in great designer names including; Ralph Lauren, Michael Kors and Stephen Geoffrey.
-Financials shown for 2017 are a 10 month tax return and an estimated ending inventory is used.
-New Owners are selling to move out of the area to be closer to Son! They bought the business 1 ½ years ago and spent last year clearing out outdated merchandise and bringing in current sellable inventory. Because of that it was a tough year financially, as well as spending lots of time training new employees.

SELLER IS MOTIVATED AND WILL LOOK AT ALL REASONABLE OFFERS!

Prospective Buyers must sign a Confidentiality Agreement as well as provide proof of funding!
This business would be a great “family run operation”! Give us a call today!

Attached Documents


Detailed Information

Location:
Boise, ID
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
4,509
Lease Expiration:
12/31/2019
Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
4,509 sq. ft. retail space in a mall location.
Competition:
Well known in town and the surrounding area. Great reputation and has been in operation for 22 years.
Support & Training:
Seller will train for 4 weeks at no cost!
Reason for Selling:
Seller is moving out of state to be closer to Son!
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(from currently available funds)
 
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Gary Spiers

Business Listed By:
Gary Spiers

Coldwell Banker Tomlinson Group

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