Profitable Bridal Shop

IL (Relocatable)

Seller Financing Available
Profitable Bridal Shop
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Asking Price: $50,000

Cash Flow: $40,000

Gross Revenue: $325,000

EBITDA: N/A

FF&E: $20,000

Inventory: $175,000*

Lease Rate: $2,100 /Month

Established: 2005

*not included in asking price.

Profitable Bridal Shop

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Business Description

This is a very busy bridal shop, Justed added 3 new designers 300+ dresses

This Bridal shop is located on a very busy street, featuring a large window display of fabulous dresses and gowns. Year after year this is one of the busiest bridal shops in all of Chicago and offers an enormous selection and variety of bridal gowns, bridesmaid dresses, mom’s, prom, pageant dresses and accessories. This shop stock selection of dresses and gowns is second to none, including Moonlight couture, Moonlight Destination, Val Stefani Couture, Adrienne Lapelle, Jovani Couture, JV Couture, j'adore couture, Christina Wu, Christina Wu Love, Davinci Couture, Tiffany Couture and Panopoly Couture. This bridal shop has a very strong marketing and online presence which is included in the purchase. This business has proven to be recession proof and provides the owner with great satisfaction with each and every customer!

Attached Documents


Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
4,000
Lease Expiration:
5/31/2019
Employees:
3PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
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:
Pending credit & Down payment & Offer.
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

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