Elegant Wedding Accessories Designer & Supplier

Los Angeles County, CA
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Asking Price:$500,000
Gross Revenue:$681,000
Established Year:1985
Cash Flow:$135,000
FF&E:$10,000
BUSINESS DESCRIPTION

OVER 4 DECADES OF DELIGHTING BRIDES WITH WEDDING ACCESSORIES
OWNER READY TO RETIRE!!! BUSINESS SALE WITH FULL CLIENT LIST.
GOOD LOCATION BUT BUYER COULD INCORPORATE INTO AN EXISTING LOCATION.
ALL FIXTURES FURNITURE AND EQUIPMENT INCLUDED!!!

Customers base consists of Domestic Mom and Pop Wedding Stores and more upscale and sophisticated stores. Owner travels to shows to capture new clients several times a year. Owner has Great relationships with Customers and Retailers. Excellent Customer Service. Seller has sold to Europe and Asia. Buyer could also incorporate or absorb current business into an existing location or facility that the buyer owns. Base Rent to be determined Plus NNN. New lease to be negotiated with landlord. Minimal Competition Nearby.

Central Los Angeles County Location. The Business was Established in 1985. The Facility Consists of Approximately 2,700+/- Square Feet Located Within a Small Multi-Tenant Industrial Building on a High Traffic Street. This is a dynamic Central LA County Location. Base Rent to be determined Plus NNN.

This information has been provided by sources that we believe to be reliable. We make no warranty, express or implied made as to the accuracy of the Information contained herein. This information is submitted subject to errors, omissions, change of price, square footage, inventory, rental rate, cam's or other conditions, withdrawal without notice, and to any special listing conditions imposed by our principal. Buyer must verify the provided information and bear all risk for any inaccuracies.


DETAILED INFORMATION
Location
Relocatable
Inventory
Not Included in asking price
Employees
3
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
OVER 4 DECADES OF DELIGHTING BRIDES Good Location - LA County Wedding Accessories Business Established Since 1985. Customers base consists of Domestic Mom and Pop Wedding Stores and more upscale and sophisticated stores. Owner travels to show to capture new clients several times a year. Great relationships with Customers and Retailers. Excellent Customer Service. Seller has sold to Europe and Asia. This is a dynamic San Fernando Valley Location. Buyer could also incorporate or absorb current business into an existing location that buyer owns.
Competition
• The US bridal wear market was estimated to be $27 billion in 2022, according to ResearchandMarkets.com. • Brides spent an average price of $1,600 to $1,900 on a wedding dress in recent years, according to The Knot. • Brides spend an average cost of $262 per wedding on dress accessories, such as veils and gloves.
Growth & Expansion
*Endless – For a tech savoy entrepreneur - the Wedding Accessories world is yours *Open a second brand, a CHEAPER label, * Create an Online Business *Develop a New Shop Under a Different Name * Create a More Youthful Image * Create New Ideas for the Business * Offer the Same Products Under a Different Business Name and Website and Price Points. * Create Strong Social Media Presence
Support & Training
Seller can discuss support and training with the new buyer and also seller may consider consulting for a period of time after the support and training period is over.
Reason for Selling
Retirement
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Johnnie
Shamoun
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Johnnie Shamoun