Bridal Shop

Oakland County, MI

Seller Financing Available

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Asking Price:$275,000
Gross Revenue:$614,803
Established Year:2011
Cash Flow:$85,132
Inventory:$280,000
BUSINESS DESCRIPTION

This is a great opportunity to own a long established, high-volume, Bridal Shop in affluent Oakland County. Located on a highly traveled road, this 3,838 sq ft store, is surrounded by plenty of residential and commercial properties, and is known for drawing customers from all over the tri-county areas. Loyal customers are seeking to find their dream dress all while they are enjoying a great wedding dress shopping experience. This shop carries multiple high-end designer wedding dress lines, in-house alterations, designer bridal accessories and professional wedding gown cleaning and preservation through a specialized Michigan outfit. With over 20 years of excellent reputation, and thriving referrals, a new owner/operator can have HUGE growth potential by implementing a more creative advertising/marketing strategy, along with adding Mother-of-the-Bride & Bridesmaid Dresses, bridal shoes and carrying additional world-renowned dresses with higher price point, participating in bridal shows, networking with florists/photographers/wedding planners, expanding the days/hours along with starting an online store. Perfect for husband/wife team or family run business. Nice cashflow!! Turn-key store only needing a new owner/operator with unlimited potential. A must see/must have business that will not last long or disappoint! Owner will train and entertain all reasonable offers!
*Business can be bought with or without Real Estate.


DETAILED INFORMATION
Location
Oakland County, MI
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
3,838
Employees
3
Facilities
This is a great opportunity to own a long established, high-volume, Bridal Shop in affluent Oakland County. Located on a highly traveled road, this 3,838 sq ft store, is surrounded by plenty of residential and commercial properties, and is known for drawing customers from all over the tri-county areas.
Growth & Expansion
With over 20 years of excellent reputation, and thriving referrals, a new owner/operator can have HUGE growth potential by implementing a more creative advertising/marketing strategy, along with adding Mother-of-the-Bride & Bridesmaid Dresses, bridal shoes and carrying additional world-renowned dresses with higher price point, participating in bridal shows, networking with florists/photographers/wedding planners, expanding the days/hours along with starting an online store.
Financing
$275,000 with $125,000 down, 8% int., amortized over 84 months
Support & Training
Seller will train
Reason for Selling
Owns other businesses
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