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bridalformaldresses-1817472_1280

Established Bridal/Prom/Formal & Alternations Shop

$349,000.00

Description

Listing Number: 1055

This profitable, thriving, family-owned business, established for nearly 30 years, conveys with substantial inventory valued at approximately $430,000 included in the listed price. This is an incredible value as the inventory alone is worth well-above the asking price of the business. This popular shop provides expert service and a wide selection of beautiful designer bridal, prom, formal, and special occasion dresses. The business also sells a full range of accessories including veils, jewelry and headpieces, gloves, belts, and more. A significant part of the business's success stems from its profitable alteration services offered for both dresses purchased in house as well as any outside garment. Large, loyal customer base from Nashville and states surrounding Tennessee return year after year, and generation after generation, due to the expertly curated collection of dresses in all sizes, priced reasonably and affordably. The business is also poised for additional income through its established online sales platform. It is located in a fantastic, highly visible area with a long-term, affordable lease in place, right in the heart of Nashville with close proximity to downtown, Vanderbilt/Belmont area, and Belle Meade.

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Asking  Price: 
$349,000

Gross  Revenue: 
$401,994

Adjusted Net Income: 
$175,302

General Info:

  • Asking Price: $349,000
  • Gross Revenue: $401,994
  • Total Adjusted Net Income: $175,302
  • Equipment / Fixtures: $9,220
  • Inventory: $400,000 (approx) - Included in sale price.
  • Year Established: 1995
  • General Location: Nashville, TN

Lease Info:

  • Square Feet: 1500
  • Total Rent: $4,131
  • Lease Expiration: 10/2026
 

Additional Information:

  • Full-Time Employees: 2
  • Part-Time Employees: 2
  • Training Period: 2 weeks
  • Reason for Selling: Other business ventures.
 
 

Julie Cameron

For more information on this business contact Julie:

Office: (615) 850-4410
Cell: (619) 200-6682
Email: julie@nashbb.com

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