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Profitable Super Premium Bridal Salon For Sale

Tennessee, US
Asking Price:
$92,000
Sales Revenue:
$206,000
Cash Flow:
$61,000

A Middle Tennessee bridal tradition since 1950, well known within the community among wedding planners, hotel concierge, and wedding vendors, this bridal salon offers the very finest in designer bridal gowns, formal wear, and men’s wear. Customers enjoy a spacious, 4,000 sf upscale boutique shop: up to four brides simultaneously enjoy the personal attention of a private appointment. There is plenty of room for expansion and growth. Nestled in a trendy corner of downtown with easy access, lease extends until 2/2023 with option to renew.

Store inventory changes Spring and Fall, when designers come out with new gowns. Usually only a couple of designs are discontinued, sometimes none at all. But, discontinued gowns are marked down and offered in a sample sale. This greatly appeals to brides who are either on a quick timeline (no time to order a gown), or brides on a tighter budget. The store carries the very finest, most exclusive gowns, but they’re available to all!

Current owners purchased in 2012.

By appointment: Tuesday - Friday: 10-6 / Saturday: 10-4

Great value! Priced at 1.5x weighted* cash flow of $61,000* plus inventory ($198,000)

*Actual 2019 cash flow is $88,000

Property Information

Real Estate:

Lease

Lease Terms:

Lease goes until 03/2023 with an option to renew.

Leasehold Rent:

$3,663 per annum

Lease Rent:
$43,957 per sq ft per annum
Location:

Nestled in a trendy corner of downtown, in one of the fastest growing metro areas in the country.

Premises Details:

Spacious, 4,000 sf upscale boutique shop can offer personal attention in a private appointment to up to four brides simultaneously.

Size in square feet:
4,000

Business Operation

Expansion Potential:

There is plenty of room for expansion and growth. Shop is very upscale with long term lease in one of the trendiest sections of downtown, easily accessible— right off the interstate highway. Lease extends until 2/2023 with option to renew.

Competition / Market:

Normal competition for a fast-growing metropolis of this size. BUT, few can compete with the quality of the products and accessories— from the worlds most renowned designers. Regular sample sales make designer dresses and personal service available to brides on tighter budgets.

Reasons for selling:

Spend more time at home with growing family

Trading hours:

By appointment: Tuesday - Friday: 10-6 / Saturday: 10-4

Employees:
3
Years established:
Started 1950, current owners purchased in 2012

Other Information

Support & training:

30 days or as needed

Furniture / Fixtures value:
$25,000
Inventory / Stock value:
$198,000

Contact Information

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