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Well-Established Bridal Franchise In Charlotte For Sale

Charlotte, North Carolina, US
Asking Price:
$100K - $250K Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$250K - $500K
Cash Flow:
$50K - $100K

Well-established franchise bridal retail store for sale. This boutique has been operating since 2014 under its original owner. Located in a beautiful section of Charlotte, NC, this store draws local and destination wedding clients. The store currently sells bridesmaid dresses, mothers' gowns, prom/evening wear, flower girl dresses, and all accessories. The store has a great working relationship with the most reputable and best-selling bridal designers in the industry. The store is up-to-date and current with all designers that are sold in the store, so the new owners would be able to take over selling the same designers with no interruption.

The owner is semi-absentee with a great staff.

The current owner of this store has worked extremely hard to build a reputable and sought-out bridal boutique for customers within an approximate 150-mile radius. The owners thrived on providing the best possible customer service and have greatly benefited from word-of-mouth advertising because of their excellent customer service. The boutique has been known for its friendly and comfortable atmosphere and incredibly helpful staff.

The boutique currently leases its approximately 1000-square-foot storefront. The store's location is easily accessible from anywhere in Charlotte and has a large parking area for customer parking, with additional employee parking behind the building.

Property Information

Real Estate:

Lease

Lease Terms:

Lease is ready for new owner. 3 year terms in previous lease.

Leasehold Rent:

$36,000 per annum

Location:

Prime shopping area with high net worth, online marketplace

Premises Details:

Parking, complementary businesses in shopping center

Size in square feet:
1,000

Business Operation

Expansion Potential:

Wedding shows, more locations in territory

Competition / Market:

None in the brick and mortar space, besides David's Bridal (bankrupt)

Reasons for selling:

Other opportunities

Trading hours:

Tues-Saturday 11-6; 930-3

Employees:
4
Years established:
2014

Franchise Information

Franchise opportunity:

Franchise Resale

Franchise terms:

5 year term

Other Information

Support & training:

4 weeks training

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

Full owner financing available

Furniture / Fixtures value:
$5,000 - included in the asking price
Inventory / Stock value:
$35,000 - included in the asking price