Bridal Shop $270k Net Sba Approved
Location California,United States
Asking Price Range $500K - $1.0M
Gross Revenues $1550811
Net Profit / Cash Flow $219562
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1985
Number of Employees 6 - 9
Inventory 500000
Relocatable Not Disclosed
Number of Employees 6 - 9
Real Estate Leased
Training 4 weeks.
Reason for Sale Retirement.
Description This is not only a terrific business opportunity that can generate a great profit, but also an enjoyable life style business working with beautiful brides, cheerful girls and their families. This established bridal, prom and tuxedo shop has been in business in Bay Area for several decades under the same ownership. The business has grossed over $1.5MM and netted over $200K for the past few years. The cash flow for 2008 was $340K+! It has a thriving bridal, prom dress and tuxedo business and an extensive Internet presence. The store has over 6,000 sq ft with 19 dressing rooms. SBA financing is available for a qualified buyer. This business would benefit from a management team with interest and experience in weddings and prom planning. A huge inventory of $500,000 is included in the purchase price. The current, long-time owners are selling to retire. Asking $875K, down payment $220K with SBA loan. Contact for more information on this Bridal Shop for sale.
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