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Sunbelt of Durham

Raleigh Bridal & Formal Wear Retailer In Raleigh For Sale

Raleigh, North Carolina, US
Asking Price:
$350,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$900,000
Cash Flow:
$120,000

Raleigh Bridal & Formal Wear Retailer With $227k Inventory Included

For over 25 years this profitable Raleigh Bridal and Formalwear business has built an extremely strong reputation which allows it to attract customers from more than a 150-mile radius. Great high traffic location and continued excellence in service has allowed this business to build on its brand value as well as develop a large referral network and repeat customer base. Asking price includes the bridal/formal wear business line as well as a Prom specialty business line. If you would like more information, please contact.

Offering the most up to date stock in bridal wear this business has earned an incredible name recognition in the industry, the community and beyond. This business has not only provided thousands of brides, bridesmaids, and mothers of the brides’ excellent choices and quality gowns and attire throughout the years, but also offers formalwear to grooms and groomsmen and for special occasions and proms. A tremendous inventory of designs from popular designers are available in stock to meet a wide variety of tastes and styles. The business offers these wedding gowns, bridesmaid and in 2019 they also diversified and brought in a line of Prom Gowns for purchase as well as designer tuxedos and suits for rent or purchase. The business also provides performance apparel to high schools (bands, choirs, etc.) as well as uniform sales to local country clubs & catering companies.

Sale Price includes $227,000 of Inventory.

This is a fantastic opportunity to own a long standing profitable and stable business with an exceptional brand to build from and grow with new energy. For more information contact Shanon Madrid.

Property Information

Real Estate:

Lease

Premises Details:

6800.00

Business Operation

Competition / Market:

2 others in the 10 mile radius

Reasons for selling:

Retirement

Trading hours:

Days: Monday- Saturday, Hours: 10:00-7:00

Employees:
Full Time: 2, Part Time: 1
Years established:
25

Other Information

Support & training:

Seller will negotiate a transition period

Financing available:

Seller will consider a note for highly qualified buyer.

Inventory / Stock value:
$227,000 - included in the asking price
Relocatable:
This business can be relocated.

Contact Information

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