Thriving Bridal And Formal Wear Boutique with Prime Real Estate

We are proud to present a rare Semi-Absentee opportunity to acquire a successful, long-standing and profitable Bridal and Formal Wear business. This business was crafted with care and attention over the past several decades and offers main street prices, with a couture experience. Their positive reputation and cultivated supplier relationships produce favorable profit margins that are above industry standard. The team is fully staffed with long standing management in place, offering a true Semi-Absentee ownership opportunity.
How a person feels in their Formal & Bridal Wear can make or break their special event. Knowing this, the owner has refined their customer experience since they opened their doors decades ago. The current team of 15+ employees focuses on a comfortable but elegant experience that is catered to getting the client exactly what they want at a price they can afford.

The sale includes a 4500 sf parcel of prime retail real estate on a heavily traveled business corridor. The property was redesigned specifically for the needs of the boutique, with a focus on customer comfort and privacy. It features intimate guest suites for bridal parties, private offices for staff, and large, open spaces for retail display, and ample parking.

This is truly a turnkey opportunity for an individual or strategic buyer looking to build on a well-established brand and customer base in the rapidly growing Charlotte suburbs.

Total Sales: $1,540,000

Cash Flow: $365,000

FFE: $60,000

FFE Included: Yes

Inventory: $260,000

Inventory Included: Yes

Employees: 10

Real Estate: $1,600,000

Real Estate Included: Yes

Type of Location: Retail

Square Footage: 4500

Reason For Sale:

Retirement

Training & Support:

The seller is dedicated to supporting the new owner over a negotiable transition period. Legacy is important to the seller and they will commit to a transition period that positions the new owner for success.

Competition:

While competition does exist in this space, this business sets itself apart with quality, care, and attention. Area competition has not prevented this business from achieving their sales goals or growth targets.

Potential Growth:

Even though this business is exceptionally well-run, the seller believes there is still substantial room for improvement. The seller has already outlined strategic initiatives to continue the growth trajectory to $2.0M of sales and beyond.