Who do you know that is frustrated in their current job/career and would love to own their own boutique?
Searching for a bridal shop for sale in Michigan? Look no further! The company is a profitable, well-established bridal boutique located on the main street of a thriving and affluent West Michigan downtown area. Â This award-winning business has spacious and well-appointed premises, with dressing area, numerous fitting rooms and a spacious showroom. Currently the boutique offers a selection of exclusive lines of bridal wear, bridesmaids dresses, shoes, jewelry and accessories and maintains excellent relationships with gown and accessory manufacturers. The business is established (seven years), and has built an excellent reputation, attracting lovely brides-to-be from around West Michigan and beyond.
- The boutique carries exclusive lines, accessories, jewelry and shoes.
Financial Summary:
2013 Revenue: $484,980
2013 GP: $215,363 (44%)
2013 SDE: $51,854 (11%)
Investment Highlights:
- Stable customer base.
- Busy shopping center.
- Same owner since 2007.
- Top line revenue and bottom line profits are very consistent year-over-year.
- The owner works only 20-25 hours per week.
- The owner works 20-25 hours/week.
Growth Opportunities:
- Add wedding planning to service offering.
- Expand the newer consignment section of the store. Potential to re-brand and spin off into a separate store.
- Solicit/charge vendors for in-store and/or website promotion.
- Market to the high school dance (prom) segment.
- Market to Quinceañeras.
Interested parties must sign a non-disclosure agreement and demonstrate proof of financial capability before receiving additional information. Inquire today about this great bridal shop for sale in Michigan!
Kirk Skinner
616-788-8291
kirk@caldergr.com
Or fill out this form: (please indicate the business you are inquiring about on the form)
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