Bridal Boutique – Exclusive Lines
Location: United States -> Michigan -> Cape Cod
Industry: Retail > Wedding / Formal Rental
Businesses for sale Summary
This unique business is located in a very busy and popular destination attracts Cape Codders and visitors on a year round basis. The area is particularly busy during the summer months and the holiday season. The Bridal Boutique for sale specializes in high end fashions for brides, maids and moms. The business opened in December, 2004 and moved to a new location earlier this year. The new store has been custom designed and built out.
The owners have reinvested most of the earnings over the past three years in order to secure exclusive product lines. No other bridal shop in the market area carries the type of high quality product. The merchandise is either exclusive to the boutique or is protected by a one to three hour radius. A marketing program is in place including mailing lists, trunk shows and co-op advertising with designers.
Sales have increased each year. Sales in 2007 were 51% higher than in 2005. Sales are good again in 2008 and are on track to be about the same as last year (a remarkable feat given the current economic conditions). Email or call 508-477-6053 for additional information.
Financials
Asking Price Range: < $250K
Gross Revenues: $187,000
Cash Flow: $60,000
Cash Flow Type: Sellers Discretionary Cash
Inventory: $90,000
Seller Financing: Yes
About The Business
Year Established: 2004
Number of Employees: 1 – 3
Relocatable: No
Franchise: No
Current Real Estate: Leased
Property: Property For Lease
About The Sale
Management Training and Support: Seller will provide orientation, training and introduction to key suppliers.
Reason For Selling: Relocating.
