Triad Area Bridal & Formal Wear Store, with Inventory Included

Durham, NC (Durham County)

Bridal Wear
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Asking Price: $500,000

Cash Flow: $220,000

Gross Revenue: $900,000

EBITDA: N/A

FF&E: N/A

Inventory: $250,000

Established: 1996

Triad Area Bridal & Formal Wear Store, with Inventory Included

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Business Description

For over 20 years this profitable North Carolina based Bridal and Formalwear business has built an extremely strong reputation which allows it to attract customers from more than a 150-mile radius. Great high traffic location and continued excellence in service has allowed this business to build on its brand value as well as develop a large referral network and repeat customer base.

Offering the most up to date stock in bridal wear this business has earned an incredible name recognition in the industry, the community and beyond. This business has not only provided thousands of brides, bridesmaids, and mothers of the brides’ excellent choices and quality gowns and attire throughout the years, but also offers formalwear to grooms and groomsmen and for special occasions and proms. A tremendous inventory of designs from popular designers are available in stock to meet a wide variety of tastes and styles. The business offers these wedding gowns, bridesmaid and prom gowns for purchase as well as designer tuxedos and suits for rent or purchase. The business also provides performance apparel to high schools (bands, choirs, etc.) as well as uniform sales to local country clubs & catering companies.

Sale Price includes $250,000 of Inventory.

This is a fantastic opportunity to own a long standing profitable and stable business with an exceptional brand to build from and grow with new energy. For more information contact Shanon Madrid at 919-858-6853 ext 101 or smadrid@sunbeltnetwork.com

Detailed Information

Inventory:
Included in asking price
Employees:
2 FTE
Facilities:
Leased Space
Support & Training:
Seller will negotiate a transition period
Reason for Selling:
Retirement
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Shanon Madrid

Business Listed By:
Shanon Madrid

Sunbelt of Durham/Chapel Hill

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business.

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