Tupelo Data Room
Clothing & Accessory Stores, Other Retail
Active

Established Bridal, Prom, Formalwear & Alterations Boutique for Sale

Nashville, Davidson County, Tennessee, United States
Asking Price$199k
Revenue$277k
EBITDA-
Cash Flow$117k
Description
This family-owned business, established for nearly 30 years, is a popular shop providing expert service and a wide selection of beautiful designer bridal, prom, formal, and special occasion dresses. The business also sells a full range of accessories. A significant part of the business's success stems from its profitable alteration services offered for both dresses purchased in house as well as any outside garment. Large, loyal customer base from Nashville and states surrounding Tennessee return year after year, and generation after generation, due to the expertly curated collection of dresses in all sizes, reasonably priced. The business is also poised for additional income through its established online sales platform. Business offered at $199,000 plus inventory. To provide maximum flexibility, buyer has the option to purchase any portion of the current inventory (approx $400,000) as desired - from 0% to 100%.
Real Estate
Rent is $4,131 per month
Building Size: 1500 sq. ft.
Furniture Fixtures & Equipment
$9k
Inventory
$400k
Number of EmployeesFull-Time: 2Part-Time: 2
Year Established
1995
Reason Selling
Other business ventures.
Support & Training
2 weeks
Market & Competition
Very little with similar selection and price point.
Growth Opportunities
Tremendous potential to increase sales by adding more online shopping to existing website and by additional local advertising.
Asking Price$199k