Bridal & Fashion Boutique Business For Sale
Priced to Sell at Inventory Cost!
Massachusetts
Listing: 1214
Financial Information
Asking: $150,000
Gross: $311,500
Cash Flow: $92,000
Inventory: $150,000 (included in price)
Summary Description
A well-established and profitable bridal salon business for sale! This is a fantastic opportunity for an owner with experience in the bridal industry or an eye for fashion to enter into a profitable and recession-proof business! The business has enjoyed a long-standing positive reputation in the area, leading to a high number of referrals. 2008 sales were $311,500 and the seller s estimated discretionary income was approximately $92,000. The business sells gowns and dresses for brides, bridesmaids, mother-of-the-brides and flower girls.
General Information
Facilities: The location is $3,270 square feet with a large parking lot outside. The spacious and airy location includes several dressing rooms, as well as storage rooms and plenty of space to display dresses.
Competition: The business is in a prime location near a main road and with plenty of parking. The business benefits from cross-promotion from nearby businesses and generates most of its business from word-of-mouth and referrals from past customers.
Growth and Expansion: A new owner can increase the amount spent on marketing and advertising to include ads on theknot.com and in local and regional bridal magazines. They could also be involved in local bridal shows and expos to gain additional exposure for the business. The business could also expand to include tuxedos, special occasion dresses and lingerie. If an owner has experience in event planning and/or the bridal industry, they could create a one-stop shop for brides and do event planning, invitations, etc from the location.
Support/Training: The owners will offer support and training for several months. The manager will most likely transfer with a new owner.
Reason Selling: Different career aspirations
Contact Information
Contact: Sarah Gudema
Phone: 617-562-5700
BayState Business Brokers, 60 Leo Birmingham Parkway Suite 1L Boston, MA 02135
T: 617-562-5700, F: 617-562-5701
info@mabusinessbrokers.com