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Elegant Bridal Salon in Morristown, NJ

Morristown, NJ (Morris County) (Relocatable)

bridal
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Asking Price: $60,000

Cash Flow: $147,833

Gross Revenue: $268,242

EBITDA: N/A

FF&E: $2,000

Inventory: $32,000

Established: 1984

Elegant Bridal Salon in Morristown, NJ

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Business Description

Owner Motivated, Price Change Due to Health Issues. Elegant Bridal Salon, located in a very upscale town in Morris County. Situated in a Victorian home. Established in 1984, the salon has a long list of happy brides. This salon specializes in Mother of the Bride, Bridal Gowns, Bridesmaids and Prom dresses. Selling due to health issues. This is a great opportunity for a fashion oriented entrepreneur. Seamstress will stay on.

Detailed Information

Location:
Morristown, NJ
Inventory:
Included in asking price
Employees:
1
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
First Floor of a Victorian House just off the Main Street in town.
Competition:
Weddings are always happening with Brides needing assistance in choosing their gown. The business is set in an elegant setting. Excellent alterations.
Growth & Expansion:
Owner has health issues so the salon has been functioning on limited hours. The new owner can go back to regular hours and start marketing again.
Support & Training:
Seamstress has been running the store for the last year she will continue working and assisting in the transfer.
Reason for Selling:
Health Issues
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Business Listed By:
Capital Business Solutions

CAPITAL BUSINESS SOLUTIONS

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Memberships & Certifications:
Indicates membership in The New York Association of Business Brokers (NYABB).

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