Under LOI

Highly Rated and Profitable Bridal Shop – Central Illinois

Business Category: Miscellaneous Retail, Retailing Businesses
Location: Illinois

Bridal Shop

Listing Price:

$250,000


Revenue: $637,039
Cash Flow: $112,440

Real Estate Available: For Lease
Reason For Sale: Other business interests.
Number of Employees: 9

I WANT MORE INFORMATION

This opportunity is a highly rated and profitable bridal shop that is well established in the community with an outstanding local reputation!

This upscale bridal shop sells bridal gowns, bridesmaid dresses, mothers’ dresses, veils, jewelry, and accessories. It carries a large inventory of dresses from well-known designers in both traditional and plus sizes, ensuring that there is something for everyone.

With very few competitors in the area and a well-trained and motivated staff, the Company maintains high profitability with an absentee owner. The company continues to grow from plenty of word-of-mouth referrals from satisfied customers.

The current owner is seeking to sell this profitable bridal shop in order to pursue other business ventures and is willing to assist a new owner through a transition period to ensure their success.

Opportunities for Growth

1) Increase Marketing: With limited bridal shops in the region, many customers are willing to travel from hours away to shop for wedding and bridesmaid dresses. The Company could increase its clientele and market area by marketing further outside of Central Illinois.

2) Add Online Sales: The Company’s website primarily focuses on featuring its wedding gowns which are available for purchase in person. The Company could increase its revenue by adding online sales, particularly for bridesmaid dresses, mothers’ dresses, jewelry, and accessories available for purchase on its website.

3) Offer A More Diverse Inventory: The Company could add more complementary items and additional brands for bridal gowns to increase sales.

Investment Highlights

1) Great reputation in the local area: The Company, known for their outstanding customer service, gains much of its business from word-of-mouth referrals.

2) Absentee Owner and Experienced and Knowledgeable Staff: The staff is highly capable, motivated, and able to run the shop without any direction from the current owner.

3) Excellent Dress Selection: The Company has a large inventory of bridal gowns, bridesmaid dresses, and mothers’ dresses available for purchase. They carry standard and plus-sized options with a price range that can fit any budget.

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