Well Established South Florida Bridal Salon with Flexible Space

Palm Beach County, FL
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Asking Price:$549,000
Gross Revenue:$655,044
Rent:$13,500
Established Year:2001
Cash Flow:$200,700
Inventory:$600,000
FF&E:$15,000
BUSINESS DESCRIPTION

Cherished Elegance: Celebrating Tradition at our Well-Established South Florida

Updated Opportunity! At over 5000 square feet, this Boutique is known as the bridal gown destination for the Palm Beaches. Landlord is willing to break up these 3 units to fit the Buyer's budget and needs best. Serving South Florida in the same location for over 2 decades, one of the most established Bridal and Mother the Bride/Groom Boutiques with over 1000 Couture dresses in stock. Keep the 5000 square feet as is, or reconfigure. Aisles of gowns and dresses, multiple changing rooms, runways, comfortable furnishings, and a well-appointed Champagne Bar. By appointment only to ensure that every bride receives one-to-one attention, a fitting room, and outstanding service.

Leasehold Improvements of over $100000 include custom-built rack space, 10 comfortable fitting rooms, a sewing/alterations room, 3 restrooms, and a Kitchenette—an amazing inventory of $600000 of designer dresses and gowns.

Clean Books and Tax returns. Strong year-over-year revenues and a favorable assignable Lease will allow the new owner a smooth transition in an established well-known location. The owner built this successful Boutique from scratch and after 23 years is ready to retire and pass on this fantastic turn-key opportunity. Perfect for an existing Boutique expansion or additional location.
Please refer to listing 6401518621 and advisor Alan Pattee when inquiring.


DETAILED INFORMATION
Location
Palm Beach County, FL
Inventory
Included in asking price
Real Estate
Leased
Building SF
5,160
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Type of Location Strip Center Facilities Monthly Rent $13,500.00 Square Units (Foot, Meter) 5,160 Lease Expiration Date March 31, 2029, 12:00:00 AM Terms Options Expires 03/31/2029
Support & Training
Seller will train for 6 weeks at no cost
Reason for Selling
Retirement
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Alan
Pattee
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Alan Pattee