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Bridal Shop

Morris County, New Jersey

Asking Price: Gross: Cash Flow:
$80,000 $167,100 $23,400

Furniture and Fixtures Value:
$3,000 (included in the asking price)

Inventory Value:
$45,000 (included in the asking price)

Business Summary:
Beautifully appointed full service Bridal Shop located on a main thoroughfare in an upscale community. Recent renovations have created a warm and attractive interior for the future bride and mother of the bride to find their dream dress. Business offers a variety of styles from the top designers as well as a complete line of accessories. Owner maintains a high level of service, meeting each client by appointment and personally performs all the functions to complete the sale. However, time needed to care for two small children at home has resulted in limiting business hours. Great opportunity for a new owner who can devote more time to grow the business. Business can be expanded to include Bridal Party and Flower Girl dresses, and shoes. Financials based on 2009 adjusted for salaries that were eliminated in September, 08. Price includes all inventory and fixtures. Owner is asking $80,000 with a down payment of $45,000, and will finance a note for the $35,000 balance to qualified buyers. For more information, call Paul Holveck at 908-851-9040 x277.

 
   
   
Year Business was Established: 2000
   
Facilities / Terms of Lease: 1,249 sq.ft, recently renovated; ample parking  
   
Competition: Local competition  
   
Owner willing to train: Owner will assist in the transition for 2 weeks  
   
Reason for selling: Family needs  
 

 

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