Well Established South Florida Bridal Salon with Flexible Space
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 |
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.