Successful-Profitable Bridal Shop

East Dundee, IL (Kane County) (Relocatable)

Seller Financing Available
Successful-Profitable Bridal Shop
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Asking Price: Get Financing: $79,000

Cash Flow: $40,000

Gross Revenue: $325,000

EBITDA: N/A

FF&E: $20,000

Inventory: $175,000*

Lease Rate: $2,100 /SF/Month

Established: 2005

*not included in asking price.

Successful-Profitable Bridal Shop

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Business Description

One of the best bridal shops in Chicagoland!

This Bridal shop is located on a very busy street, featuring a large window display of fabulous dresses and gowns. This is on 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 shops selection of dresses and gowns is second to none, dresses range from $ to $$$, stocking sizes from 2-28 and offers amazing savings compared to the surrounding competition. 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 has closed as well.
Growth & Expansion:
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 stay on in a sales position.
Reason for Selling:
Planning for retirement
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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

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