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Profitable & Primed: Bridal Boutique with Untapped Growth Potential

Washington, DC

Seller Financing Available

Asking Price:$75,000
Inventory:$20,000
FF&E:$10,000
Gross Revenue:$410,475
Rent:$4,000/Month
Established Year:2012
Listing ID: 2287403Listing provided by BizBuySell
BUSINESS DESCRIPTION

Seller Financing Available! Growing Industry!

Step into a proven success: This established bridal boutique in the heart of Georgetown specializes in offering a wide range of designer bridesmaid dresses, making it not only profitable but ready for growth. Since opening in 2012, it has built a steady income and a loyal customer base, creating an ideal opportunity for a hands-on owner to take it to the next level. Perfectly positioned to expand, this boutique takes full advantage of its great location and strong reputation in the bustling wedding industry.

With the wedding industry buzzing—thanks to a resurgence in dating and rising engagements—projections indicate strong performance stretching into at least 2030. Now under corporate management, recent months have seen a significant uptick in store traffic and bookings, plus restored profitability, signaling a promising turnaround.

This is your chance to be at the forefront of a growing industry. As a local, hands-on owner, you can maximize opportunities previously overlooked due to distant management. Invest in proven digital marketing strategies, expand appointment availability, and create valuable connections with other wedding industry professionals. This role is perfect for someone ready to follow a successful franchise model, engage deeply with the community, and inject passion into every sale.

Bella Bridesmaids is a well-recognized brand in a competitive market, offering stability and remarkable growth potential. Take the first step down the aisle towards owning a thriving business and making wedding celebrations unforgettable. Inquire now!

DETAILED INFORMATION
Location
Washington, DC
Inventory
Not Included in asking price
Real Estate
Leased
Employees
4
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The sale price includes all of the assets required for running the business, which includes: furniture, fixtures, office supplies, computers, racks, and everything else in the store. These materials are valued at about $10,000. The franchise's inventory of sample dresses is also included and is valued at $20,000!
Competition
The wedding industry is booming! According to the most recent wedding report, wedding planning is a $72 billion industry in the US, rich with opportunities for franchisees to provide support to millions of couples and their wedding parties nationwide. What’s more, according to Allied Market Research, the global wedding industry is projected to grow at a CAGR (compounded annual growth rate) of 4.8% from 2021 to 2030, reaching $414 billion by the end of the decade.
Growth & Expansion
Positioned in Georgetown's vibrant community, this boutique is primed for exponential growth. Leveraging local marketing & partnerships with nearby wedding vendors will increase its visibility and attract a larger clientele. Additionally, expanding appointment availability and enhancing the customer experience will not only meet rising demand but also solidify its reputation as a top destination for bridal attire. These strategic initiatives are set to propel the boutique beyond its pre-pandemic success, making it a standout in the bridal industry.
Support & Training
Franchisee onboarding includes 15 hours of classroom and 11 hours of on-the-job training. Franchisees get dedicated business and marketing support, access to the Bella Basecamp resource portal, robust reporting tools and technology, and ongoing learning through the biennial Bella Bash and periodic training sessions.
Reason for Selling
Corporate is re-franchising this company owned location
Franchise
This business is an established franchise
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