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Profitable Bridal Shop Central Illinois For Sale

Illinois, US
Asking Price:
$250,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$637,039
Cash Flow:
$112,440

This opportunity is a highly rated and profitable bridal shop that is well established in the community with an outstanding local reputation!

This upscale bridal shop sells bridal gowns, bridesmaid dresses, mothers’ dresses, veils, jewelry, and accessories. It carries a large inventory of dresses from well-known designers in both traditional and plus sizes, ensuring that there is something for everyone.

With very few competitors in the area and a well-trained and motivated staff, the Company maintains high profitability with an absentee owner. The company continues to grow from plenty of word-of-mouth referrals from satisfied customers.

The current owner is motivated to sell the Business in order to pursue other business ventures and is willing to assist a new owner through a transition period to ensure their success.

Thank you for reading this overview. The extent of the information that we are publicly permitted to reveal about this opportunity is contained in this overview. Please submit your contact information in the provided form. We have automated the processing of non-disclosure agreements (NDAs) and sending of information for speed and efficiency.

You will be sent a link to our online NDA. IF YOU DO NOT RECEIVE THE NDA LINK, PLEASE CHECK YOUR, JUNK MAIL. If the NDA email cannot be found, please email and request a PDF version.

Once we receive your NDA, the Confidential Business Review (CBR) will be sent to you from the advisor. They will be happy to correspond and answer your questions directly. Thank you for your time!

Property Information

Real Estate:

Lease

Lease Terms:

6,000 sq ft retail storefront. $4,450 / month

Leasehold Rent:

$53,400 per annum

Location:

Central Illinois

Premises Details:

6,000 sq ft retail storefront.

Business Operation

Expansion Potential:

1) Increase Marketing: With limited bridal shops in the region, many customers are willing to travel from hours away to shop for wedding and bridesmaid dresses. The Company could increase its clientele and market area by marketing further outside of Central Illinois.

2) Add Online Sales: The Company’s website primarily focuses on featuring its wedding gowns which are available for purchase in person. The Company could increase its revenue by adding online sales, particularly for bridesmaid dresses, mothers’ dresses, jewelry, and accessories available for purchase on its website.


3) Offer A More Diverse Inventory: The Company could add more complementary items and additional brands for bridal gowns to increase sales.

Competition / Market:

Investment Highlights Include:

1) Great reputation in the local area: The Company, known for their outstanding customer service, gains much of its business from word-of-mouth referrals.

2) Absentee Owner and Experienced and Knowledgeable Staff: The staff is highly capable, motivated, and able to run the shop without any direction from the current owner.

3) Excellent Dress Selection: The Company has a large inventory of bridal gowns, bridesmaid dresses, and mothers’ dresses available for purchase. They carry standard and plus-sized options with a price range that can fit any budget.

Reasons for selling:

Other business interests.

Employees:
9
Years established:
10

Other Information

Support & training:

Ownership is willing to provide reasonable and customary transition assistance.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Limited seller-financing is available for qualified buyers.

Furniture / Fixtures value:
$100,000 - included in the asking price
Inventory / Stock value:
$294,000 - included in the asking price
Relocatable:
This business can be relocated.

Contact Calder Capital, LLC

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