Profitable And Growing Bridal Boutique- Semi-Absentee Owner!
Asking Price: | $625,000 |
Gross Revenue: | $858,892 |
Rent: | $5,487/Month |
Cash Flow: | $196,726 |
Inventory: | $94,000 |
Established Year: | 2015 |
3x Multiple on Profits and includes inventory! First established in 2015 and then relocated to its current location and rebranded in 2018, this premier bridal boutique has become one of the leaders of the industry in Eastern Pennsylvania. The owner has employed the Profit First Methodology, and has created a very profitable, semi-absentee business. While previously offering all types of wedding and other special occasion wear, the business chose to focus exclusively on bridal gowns post Covid and has seen profits increase each year. There is management and staff in place, along with a robust marketing plan that includes prominent social media accounts, as well as a strong referral network from previous clients and vendors alike. While the business is currently located in a leased location with the ability to extend the lease for a 5 year option, this business can be relocated to another existing space.