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High Volume Bridal Salon For Sale
Location: United States -> Pennsylvania -> Montgomery County
Industry: Retail > Wedding / Formal Rental




Business Summary

We've just been authorized to represent a well-known and reputable Bridal Salon & Boutique for sale, located in the heart of Montgomery County, PA. Today the current retail location offers the convenience of one-stop shopping with head-to-toe dressing and on-site alterations for the bridal party. In addition they provide a variety of bridal accessories from shoes and veils to earrings and purses. This business presents a great opportunity for someone looking to run the business on a full-time basis, to a similar company seeking to expand their current product lines or for someone working in the business industry seeking to be on their own. With great designer brands to choose from this business includes approximately $500,000 of exquisite designer inventory. Optional Real Estate can also be acquired resulting in an additional $60,000 in rental income to the new operator. Owner will stay on for a smooth transition and may consider working on a part-time basis if needed. An ambitious and hard working operator could easily increase business performance and profits as the current operator has taken a laid back approach. Bridal service continues to strive in good and bad times and is essentially a recession resistant industry. The current and only owner is semi-retiring after 20+ successful years. Gross sales are $800,000 with Owner Cash Flow of $130,000. Cash Flow if property is purchased would be approximately $190,000. Current asking price is $800,000. Real Estate is optional.


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   $800,000
Cash Flow:   $130,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $500,000
Seller Financing:  No

About The Business

Year Established:  1985
Number of Employees:  6 - 9
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  Owner will stay on for a smooth transition and may consider working on a part-time basis if needed.
Reason For Selling:  Owner is semi-retiring.




Print Listing Id: 700115879
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Related Searches: Catalog and Mail Order Retail  >  Clothing and Footwear Retail  >  Computers and Electronic Equipment Retail  >  Convenience Stores Retail  >  Florist Retail  >  Health and Beauty Supplies Retail  >  Home and Garden Retail  >  Movie Rental  >  Wedding and Formal Rental  >  Other Retail  > 

Also See: Franchise Opportunities > Franchise Resales > Pennsylvania Businesses For Sale > Pennsylvania Franchises For Sale > Pennsylvania Business Brokers



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