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Broker Name:Ronald Cervelli
Broker Email:contactus@regalconsultants.com
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Bridal Salon
(Retail )
Middlesex County , NJ
Listed Price: $ 395,000
Listing ID: RETL347

Listing DetailsGross Revenue: $ 882,480
Cash Flow: $ 184,400
FFE: $ 185,000 (Included in Price)
Reason for Sale:

The owner is retiring after many successful years in this retail industry.


Training & Support:

 

 

The owner will remain post-closing based on purchaser’s request and is prepared to supply an appropriate transitional period to the new owner / operator. This is a turnkey operation and staff is full trained and knowledgeable.


OperationsYear Established: 1991
Days & Hours of Operation: Tuesday-Sunday
Non-owner Payroll: $ 8,700
Employees: 6
Absentee Owner: No
LocationLease Expire: 0000-00-00
Lease Security: 14000
Monthly Rent: $ 8,500
Square Footage: 3800
Facilities:

 

 

This unusual business opportunity is in Northern / Central New Jersey, Middlesex County, consisting of various affluent and highly populated cities which represent a substantial customer based and continued demand for this product. This successful retail facility which is approximately 3,800 square feet consists of a modern and attractive business operation in a mid-size commercial mall with various other active and successful businesses on a convenient state highway.

 


SummaryBusiness Description:

 

 

Wonderful retail business opportunity. Their motto is "elegance you can afford, they offer famous designer gowns for the brides, bridesmaids, mothers and flower girls. Their hundreds of beautiful gowns fit everyone's shape and size and they are highly recommended by their past customers. Since its inception the company has grown to become one of the pre-eminent Couture Bridal Salons in the New Jersey area. The business has expanded well beyond its original footprint to include multiple dressing rooms, 3,800 square feet of showroom space, and the experience remains personal, attentive and truly unique. This Bridal Boutique provides the best possible setting for brides to select the perfect wedding gown. Their goal is to make this important process enjoyable, as stress free as possible, and to cater to every bride. Their customers will discover that choosing the right gown will be as easy as saying, “Yes, I will marry you!” They offer headpieces, veils, jewelry, and shoes – the perfect finishing touches for your wedding. This is a wonderful safe business opportunity and based on the asking price, required down payment and yearly net income, this business expects to supply a consistent return on investment to the owner operator.

 


Additional Information:

 

 

This highly profitable retail industry does not require government licensing approval to purchase or operate.

 


Competition:

 

 

To the best of our knowledge, due to various circumstances, no other new competitors are expected near to this business. Additionally, the owner has agreed to supply an appropriate non-compete agreement to the purchaser.

 


Potential Growth:

 

 

Unlimited.  Seller never advertises and grosses nearly one million in sales. Sales would easily double/triple if seller advertised.

 


Financing/Terms:

 

 

Seller financing has been conditionally approved to a qualified buyer with an appropriate down payment, collateral and credit rating. Inventory is not included in price and is based on wholesale actual dollar for dollar value.