Established national franchise offering creatively crafted designer bridal fashions in the heart of one of Denver’s hottest neighborhoods. The current owner has done all the pioneering work, securing the franchise agreement, training with the franchisor, selecting the best location, building out a well-appointed boutique environment, curating designer collections for the Denver market and building a local reputation, referrals and following over the past six years with sales averaging around one million dollars the past 3 years. This franchise resale is priced well-below what it would cost to purchase and develop a new location, plus this is an unduplicatable premium protected territory. This franchise concept is proven (no locations have closed since opening). The current owner negotiated a gross lease with rates and renewal options locked in for this high visibility location. The current owner works full-time outside of this franchise with limited time to take the business to the next level. She feels it is time for new, more direct owner involvement to grow the business. This is a perfect opportunity for an individual looking for a fun lifestyle business associated with the wedding industry.
- Asking Price:
- $375,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $850,000
- Cash Flow:
- $103,000
Property Information
- Real Estate:
-
Lease
- Location:
-
2,344 sf boutique location in the heart of the Denver Rino Arts district with gross lease for five years and a 5-year renewal option.
Business Operation
- Expansion Potential:
-
There are currently 20 established locations of this national franchise, with additional cities still available if a new owner wanted to expand into other areas or states.
- Competition / Market:
-
Other wedding dress shopping experiences are often formal, have a stuffy, judgy feel and offer outdated designers. This business focuses on authentically crafted designs from around the world that an owner curates for the Denver market specifically. The shop is strategically located in a high visibility shopping neighborhood.
- Reasons for selling:
-
Owner has another full-time job and this franchise would benefit from more direct owner involvement
- Employees:
- 2
- Years established:
- 6
Franchise Information
- Franchise opportunity:
-
Franchise Resale
Other Information
- Support & training:
-
Seller and franchisor will provide effective training and knowledge transfer to the Buyer in all matters relating to Company operations.
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
The Seller will entertain offers of varying financial and legal structures.
- Furniture / Fixtures value:
- $30,000 - included in the asking price
- Inventory / Stock value:
- $274,000 - included in the asking price
