Wedding Business
Location: United States -> Minnesota -> Twin Cities
Industry: Retail > Wedding / Formal Rental
Businesses for sale Summary
Recession resistant business! Asking Price recently reduced to $275,000 with $90,043 of cash flow. Inventory of $148,000 is included. Motivated Seller of this award winning one-stop wedding business attracts brides and their families from all over Minnesota. While the economy is sluggish in many areas, the wedding industry is not suffering much of a slowdown. This company’s reputation for quality, service, and affordability has actually caused an increase in business this year as couples spend less and stick closer to their budgets. 2008 revenues are up 20%. This business has trained employees, advertising that is fully tracked, and a business that is running smoothly and growing at a strong pace. The real estate may be purchased with the business or the seller is willing to lease. This is an incredible turn-key opportunity for a buyer who wants to work in a fun and exciting industry. The ideal buyer should be energetic and outgoing; previous industry experience is not required. Please email or call Ruth Koscielak at 612-598-4222 for more information on this Wedding business for sale. This business for sale is presented by Sunbelt Business Brokers – Midwest.
Financials
Asking Price Range: $250K – $500K
Gross Revenues: $335,809
Cash Flow: $90,043
Cash Flow Type: Sellers Discretionary Cash
Inventory: $153,000
Seller Financing: Yes
About The Business
Year Established: 2001
Number of Employees: 6 – 9
Relocatable: Not Disclosed
Franchise: Not Disclosed
Current Real Estate: Owned
Property: Property For Not Applicable
About The Sale
Reason For Selling: Moving.
