Profitable And Growing Bridal Boutique- Semi-Absentee Owner!

Pennsylvania
Profitable Bridal Boutique
Asking Price:$625,000
Gross Revenue:$858,892
Rent:$5,487/Month
Cash Flow:$196,726
Inventory:$94,000
Established Year:2015
BUSINESS DESCRIPTION

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.


DETAILED INFORMATION
Location
Pennsylvania
Inventory
Included in asking price
Real Estate
Leased
Building SF
5,395
Lease Expiration
30/11/2025
Employees
5
Facilities
All furniture, fixtures, and equipment (FF&E) are included in the sale.
Competition
While there are other shops in the market, this is not a saturated area. This business has over 1.5X the number of google reviews of its highest competitor and currently has 4.9 stars. With a very unique location and setting, the curated customer experience is unmatched in the area.
Growth & Expansion
Event Planning: Offering comprehensive event planning services can cater to couples seeking a seamless wedding experience, from attire selection to venue arrangements. Accessories and Décor: Expanding product lines to include a wider array of bridal accessories, décor items, and wedding favors can enhance revenue streams and provide one-stop shopping convenience. SEO and Content Marketing: Optimizing website content and utilizing SEO strategies to improve search engine rankings can drive organic traffic and attract online inquiries.
Support & Training
Owner will provide 30 days of training not to exceed 20 hours per week as part of the sales price.
Reason for Selling
Moving out of state
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Peter
Becchina
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Peter Becchina