Downtown location in Oakland County
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Listing Number: 217-22640
Category: Retail
| Asking Price | $150,000 |
| Down Payment | $150,000 |
| Gross Revenue | $300,000 |
| Total Adjusted Net Income | $50,000 |
| General Location | Downtown location in Oakland County |
Ken Lee
- Office: (248) 218-2630
- Cell: (248) 218-2630
- businessforsalemichigan.com/
- License #: MI 6505426729
- Office: (248) 218-2630
- Cell: (248) 218-2630
- businessforsalemichigan.com/
- License #: MI 6505426729
The current owner has run this beautiful boutique bridal salon since 1998 and has been at this location since 2011. Besides 2020, revenue has consistently been over $300,000 . This business is ideal for an owner-operator of an existing bridal business or alterations service. It can be maintained at the current location or relocated. The store is open 33 hours per week and is closed two days per week.
A new owner can grow the alterations side of the business by hiring staff. Wedding dress alterations average $1000 per dress! While this boutique focuses on higher margin dresses, a new owner could expand into bridesmaids dresses, mom's dresses, prom attire, etc, as well as expand business hours.
Please sign an NDA to receive more information including the business address.
The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.
FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.
