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Bridal and Formal Shop - Wedding Dresses, Tuxedos

Chester, VA (Chesterfield County)

Bridal and Formal Shop - Wedding Dresses, Tuxedos
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Asking Price: $150,000

Cash Flow: $33,229

Gross Revenue: $242,659

EBITDA: N/A

FF&E: $7,000

Inventory: $30,000

Rent: $2,785 /Month

Established: 2006

Bridal and Formal Shop - Wedding Dresses, Tuxedos

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Business Description

Well established Bridal and Formal business for sale in the Chesterfield/Richmond area. The business is located in a beautiful standalone building with historic character that provides a "dreamland" shopping experience. Plenty of dressing rooms for the Bride and her entire party. The business focuses on the Bride finding the dream dress but at an affordable price. The business also offers tuxedo rentals. The business rents space to a wedding photographer and a baker and also has a seamstress.

Detailed Information

Location:
Chester, VA
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,900
Lease Expiration:
12/1/2019
Employees:
7
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This is a leased location of 2,900 square feet with a Total Rent of $2,785. Lease ends 12/2019. Seller is active in the business with 1 FT employee, 3 PT employees and 3 Independent Contractor. Hours of operation are Mon, Wed, Thurs: 10 - 7, Fri: 10 - 5:30, Sat: 10 - 3 . $30,000 in Inventory and $7,000 in FF&E included in Asking Price.
Support & Training:
1 month
Reason for Selling:
To pursue other opportunities
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(from currently available funds)
 
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William Griswold

Business Listed By:
William Griswold

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