Details - Information last confirmed on March 31, 2021
Listing ID # 33930
You now have the opportunity to acquire an established full-service Bridal Boutique, specializing in personal attention and committed to excellence. This business entered 2021 with an enormous backlog of orders, given the damper the pandemic put on weddings last year. Revenues are expected to ramp up dramatically starting the second half of this year. Assuming a return to some normalcy, the seller is projecting that revenues and cash flow will minimally come in at $1.5M and $500K, respectively. Those numbers can easily be exceeded. The seller is asking just $650K with $375K down and $275K in seller financing. Approximately $250K of inventory is included in that ask. The inventory is predominantly comprised of samples. However, about $20-30k of samples are sold and replaced by new samples every year. This salon gives a bride-to-be the perfect intimate setting to search for her gown. The experienced and dedicated bridal stylists collaborate closely with her, providing a knowledgeable footing to make what she has in mind a reality. In addition to the boutique's beautiful collection of gowns in various fabrics, silhouettes, and styles from the greatest names in bridal design, it also has an extensive selection of accessories to add the finishing touches to her bridal wardrobe. The majority of the made to order gowns fall within the $1800-$5,500 range. Salon visits are made by appointment only, Walk-ins are not accepted. Kindly email the listing broker to make an appointment to speak with the owner, in order to get a full tour of the 2,200 square foot facilities.
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