MergerPlace

Raleigh Bridal & Formal Wear Retailer with $227K Inventory Included

Raleigh, North Carolina (Wake)


  • Asking Price: $290,000
  • Gross Income: $900,000
  • Cash Flow: Not Disclosed
  • Real Estate: Not Disclosed
  • Inventory: $227,000
  • FF&E: Not Disclosed
  • Listing ID: #213214
  • Established: 1996
  • Employees: 2

Business Description

Offering the most up to date stock in bridal wear this business has earned an incredible name recognition in the industry, the community and beyond. This business has not only provided thousands of brides, bridesmaids, and mothers of the brides’ excellent choices and quality gowns and attire throughout the years, but also offers formalwear to grooms and groomsmen and for special occasions and proms. A tremendous inventory of designs from popular designers are available in stock to meet a wide variety of tastes and styles. The business offers these wedding gowns, bridesmaid and in 2019 they also diversified and brought in a line of Prom Gowns for purchase as well as designer tuxedos and suits for rent or purchase. The business also provides performance apparel to high schools (bands, choirs, etc.) as well as uniform sales to local country clubs & catering companies.

Sale Price includes $227,000 of Inventory.

This is a fantastic opportunity to own a long standing profitable and stable business with an exceptional brand to build from and grow with new energy. For more information contact Shanon Madrid at 919-858-6853 ext 101 or smadrid@sunbeltnetwork.com


Business Details

Primary Business Category: Retail Trade - Clothing
Location: North Carolina
Metropolitan Area: Raleigh
County: Wake

Company Information

Year Established: 1996
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 2

Financial Information

Asking Price: $290,000
Gross Revenue: $900,000
EBITDA: $120,000
Inventory: $227,000
Seller Financing Available: Yes

Property Information

Competition:

2 others in the 10 mile radius

Reason for selling:

Retirement

Support & Training:

Seller will negotiate a transition period

Contact Business Seller

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Business Listed By:

Shanon Madrid

Sunbelt Durham