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Bridal Shop in Upscale Downtown Location
Downtown location in Oakland County

 

The current owner has run this beautiful boutique bridal salon since 1998 and has been at this location since 2011. Besides 2020, revenue has consistently been over $300,000 . This business is ideal for an owner-operator of an existing bridal business or alterations service. It can be maintained at the current location or relocated. The store is open 33 hours per week and is closed two days per week.

 

A new owner can grow the alterations side of the business by hiring staff.  Wedding dress alterations average $1000 per dress! While this boutique focuses on higher margin dresses, a new owner could expand into bridesmaids dresses, mom's dresses, prom attire, etc, as well as expand business hours.

 

Please sign an NDA to receive more information including the business address.


 


 

Listing Number:

22640

Category:

Retail

Location:

Downtown location in Oakland County
$150,000

Financial Information:

Gross Revenue:

$300,000

Listed Price:

$150,000

Down Payment:

$150,000

Total Income:

$50,000

Year Established:

N/A

Lease Information:

Square Feet:

0

Total Rent:

$0

Lease Expiration:

12/2023

Lease Options:

N/A

Asset Information:

Leasehold Improvements:

$0

Equipment / Fixtures:

$0

Inventory:

$100,000

Other Assets:

N/A

Additional Information:

Full-Time Employees:

0

Part-Time Employees:

1

Special License Required:

N/A

Contract Staff:

0

Training Period:

2 weeks up to 20 hours per week

Reason for Selling:

retirement

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First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


Read First Choice Business Broker, Terms of Use before responding to any ad.

brokerPhoto
Ken Lee
Office: (248) 218-2630 | Cell: (248) 218-2630
License #: MI 6505426729

By clicking the button, you agree to First Choice Business Broker Terms of Use and Privacy Notice

brokerPhoto
Ken Lee
Office: (248) 218-2630 | Cell: (248) 218-2630
License #: MI 6505426729

By clicking the button, you agree to First Choice Business Broker  Terms of Use and Privacy Notice

A red and white logo for first choice business brokers
Bridal Shop in Upscale Downtown Location
Downtown location in Oakland County

Listing Number:

22640

Category:

Retail

Location:

Downtown location in Oakland County

Listed Price:

$150,000
brokerPhoto
Ken Lee
Office: (248) 218-2630 | Cell: (248) 218-2630
License #: MI 6505426729

 

The current owner has run this beautiful boutique bridal salon since 1998 and has been at this location since 2011. Besides 2020, revenue has consistently been over $300,000 . This business is ideal for an owner-operator of an existing bridal business or alterations service. It can be maintained at the current location or relocated. The store is open 33 hours per week and is closed two days per week.

 

A new owner can grow the alterations side of the business by hiring staff.  Wedding dress alterations average $1000 per dress! While this boutique focuses on higher margin dresses, a new owner could expand into bridesmaids dresses, mom's dresses, prom attire, etc, as well as expand business hours.

 

Please sign an NDA to receive more information including the business address.


 


 

Financial Information

Gross Revenue:

$300,000

Listed Price:

$150,000

Down Payment:

$150,000

Total Income:

$50,000

Year Established:

N/A

Lease Information

Square Feet:

0

Total Rent:

$0

Lease Expiration:

12/2023

Lease Options:

N/A

Asset Information

Leasehold Improvements:

$0

Equipment / Fixtures:

$0

Inventory:

$100,000

Other Assets:

N/A

Additional Information

Full-Time Employees:

1

Part-Time Employees:

1

Special License Required:

N/A

Contract Staff:

0

Training Period:

2 weeks up to 20 hours per week

Reason for Selling:

retirement

First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


Read First Choice Business Broker,
Terms of Use before responding to any ad.

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