Profitable Bridal Shop

East Dundee, IL (Kane County) (Relocatable)

Seller Financing Available
Profitable Bridal Shop
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Asking Price: $60,000

Cash Flow: $40,000

Gross Revenue: $325,000

EBITDA: N/A

FF&E: $20,000

Inventory: $105,000*

Rent: $2,100 /Month

Established: 2005

*not included in asking price.

Profitable Bridal Shop

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Business Description

12+ years and going strong!

This Bridal shop is located on a very busy street, 35,000 cars a day, features a huge window display of gowns and dresses. Year after year this is one of the busiest bridal shops in all of Chicago and offers an enormous selection of over 600 dresses. It’s largest competitor just went out of business last fall, as well as David’s Bridal closed 7 local stores and sales here are increasing month after month. This bridal shop has a very strong online and marketing which is included in the purchase. This business has proven to be recession proof and provides joy to each and every customer!

Attached Documents


Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
4,000
Lease Expiration:
7/13/2022
Employees:
3PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The provides the following facilities: it has a reception area, two large show rooms of dresses and gowns, large sitting area with 2 dressing rooms, lay away area, seamstress room and lots of storage space for the extensive selection of dresses and gowns.
Competition:
Long established bridal shop in the Chicago area with many repeat customers. David's Bridal with 7 locations are now closed, additionally it's main competitor Shelly's Bridal has closed as well.
Growth & Expansion:
Sales have been growing year after year 3+ years running. There is plenty of room to add additional dressing rooms/area to accommodate more groups at the same time. HUGE Growth with 8 Chicagoland bridal shops closed!!!
Financing:
Seller will consider up to $50,000 to qualified Buyers.
Support & Training:
Seller will train 80 hours, seller is willing to assist on going.
Reason for Selling:
Planning to relocate outside of Illinois.
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Contact the Seller

(from currently available funds)
 
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Mr. Tracy A. Burnidge

Business Listed By:
Mr. Tracy A Burnidge

Turnkey Business Brokers, Inc.

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