Established Bridal Store

Fort Myers, FL (Lee County) (Relocatable)

Established Bridal Store
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Asking Price: Get Financing: $395,000

Cash Flow: $225,000

Gross Revenue: $490,000

EBITDA: N/A

FF&E: $45,000

Inventory: $165,000

Lease Rate: $18 /SF/Month

Established: 2002

Established Bridal Store

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Business Description

Have you dreamed of, or do you have a client who would love to own a one-of-a-kind bridal boutique? Established, profitable, high-end bridal boutique with in-house alterations for sale in Lee County, FL.

The approximately 2000 sf space includes inventory, equipment, leasehold improvements and water with option to renew and/or negotiate lease terms. Located in a highly desirable, high traffic area with outstanding reputation attracting clientele from all over the country.

Offering unique designer bridal and miscellaneous from formal to informal gowns and accessories, createded by the top designers in the industry. Strong inventory lines with exclusive confinement rights in the area, large presence on all levels of social media to print ads. Designer Show Case Gowns also included allowing incoming owner for larger profit margin.

The perfect business where you will turn a fairy tale dream event into reality. Perfect for single or double
ownership. Step into this successful, turnkey business with beautiful inventory, a great reputation and
experienced staff.

Seller is retiring out-of-state, but will stay up to 30 days to train new owner; including buying, turning inventory and trade/trunk/fashion shows. Current owner wants incoming owner to succeed, and will provide the necessary tools to do so.

An Asset Sale includes the listed physical assets of the business plus goodwill, the records of the business and related items.

Tax returns & other statements and documents will be available upon request and signed
NDA.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,000
Lease Expiration:
12/31/2019
Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Competition:
David's Bridal going bankrupt. She is premier shop with exclusive lines
Growth & Expansion:
positive
Financing:
New lease will be negotiated as part of sale
Support & Training:
Will stay to train 30 days then consult by telephone
Reason for Selling:
Wants to move north
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Contact the Seller

(from currently available funds)
 
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Randy Krise

Business Listed By:
Randy Krise

Krise Commercial Group LLC

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