Top Bridal Store In Bay Area
www.GlobalBX.com
Listing ID:
700374982
Listing Title:
Top Bridal Store In Bay Area
Quick Link:
http://www.globalbx.com/listing.asp?bId=374982
Industry:
Retail
Industry Segment:
Wedding / Formal Rental
Country:
United States
State / Province:
California
Area
Northern California - Bay Area
City:
Asking Price Range:
$1.0M - $2.5M
Gross Revenues:
$2,564,496
Cash Flow:
$522,750
Cash Flow Type:
Sellers Discretionary Cash
Year Established:
1985
Number of Employees:
6 - 9
Business Description:
This bridal, prom & tuxedo shop has been established for decades under the same ownership. It's located on a major thoroughfare of South Bay with great traffic exposure, large parking lot and easy access to Freeway. It's one of the top bridal shops in Bay Area. The business has grossed $2MM+ and netted $500K+ before pandemic. Even with shut down during the pandemic, it still had very strong cash flow. The first few months of 2022 already indicated the annual revenue back to the track of $2MM+. It has spacious display area, large dressing rooms and mirrored areas for viewing. SBA loan pre-approved. $500,000 inventory is included. The owners are selling to retire. Asking $1,150,000. Ref#10781
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