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bridalformaldresses-1817472_1280

Established Bridal, Prom, Formalwear & Alterations Boutique for Sale

$199,000.00

Description

Listing Number: 1055

This family-owned business, established for nearly 30 years, is a popular shop providing 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. 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, reasonably priced. The business is also poised for additional income through its established online sales platform. Business offered at $199,000 plus inventory. To provide maximum flexibility, buyer has the option to purchase any portion of the current inventory (approx $400,000) as desired - from 0% to 100%.

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Asking  Price: 
$199,000

Gross  Revenue: 
$277,416

Adjusted Net Income: 
$117,326

General Info:

  • Asking Price: $199,000
  • Gross Revenue: $277,416
  • Total Adjusted Net Income: $117,326
  • Equipment / Fixtures: $9,220
  • Non-Included Inventory Amount: $400,000 (approx) - Option to purchase some or all of it.
  • 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

Looking to Sell?

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