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Wedding Industry Profitable Franchise Retail Location

Johnson County, KS

Seller Financing Available
Wedding Industry Profitable Franchise Retail Location
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Asking Price: $195,000

Cash Flow: N/A

Gross Revenue: $543,589

EBITDA: $84,353

FF&E: $11,000

Inventory: $50,000

Rent: $4,431 /Month

Established: 2009

Wedding Industry Profitable Franchise Retail Location

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Business Description

Bella Bridesmaids remains the only store dedicated to bridesmaids. Working alongside bridal salons and national bridal partners, Bella is a solution for wedding parties in the Kansas City and surrounding areas. The Leawood location is in the top 5 locations of Tier 3. (Bella has tiers based on population).

A move to this new location, renewed vigor and engagement by the owners has proven significant. The store continues to build clientele + 42% increase over 2018 with a Q1 conversion rate of 43%!

Since it opened, Bella Bridesmaids KC has enjoyed:
5 out of 5 stars on TheKnot.com
Voted “Best Of’ on the Knot 2011, 2014, 2015, 2016, 2017, 2018
Part of The Knot “Best Of’ Hall of Fame

After 9 years of owning and operating the Kansas City Bella Bridesmaids and well over 10 years in the wedding industry, the current owners have decided that it is time to move on to other endeavors.

Detailed Information

Location:
Johnson County, KS
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,500
Lease Expiration:
8/1/2022
Employees:
6
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Bella Bridesmaids is located in the well maintained Park Place Shopping Center in Leawood, KS. It's 1500 sq ft store offers 6 rooms and 4 appointment spaces. The shopping center further enhances the customer experience with neighboring restaurants and shops. There is approximately 3 years left on the 5 year lease. All dress samples, furnishings and office equipment are included.
Competition:
Although a few bridal salons carry bridesmaids, it is a fraction of what is offered at Bella. In fact the owners have forged some strong partnerships with bridal salons referring all of their brides to Bella. With over 20 designers, 11 of which are exclusive, this is the must visit shop for bridesmaids.
Growth & Expansion:
Currently Bella Bridesmaids only offers bridesmaid dresses and flower girl dresses. There is huge opportunity for add on sales that are currently not being taken advantage of such as jewelry, undergarments and gifts.
Financing:
Seller willing to finance up to 40% of sale price
Support & Training:
Owners are offering 2 weeks of overlapping training in store, in addition to the training provided by the franchise at their Chicago location. More training is available upon request for a fee.
Reason for Selling:
Moving onto other endeavors
Franchise:
This business is an established franchise
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Business Listed By:
Megan Allen

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