Business is priced as follows:
$300,000 Enterprise Value
$220,000 Inventory (is negotiable)
$35,000 Leasehold Improvements (2020)
This business stands out against the competition in SWFL by providing experienced based semiprivate appointments for brides to be. With numerous 5-star reviews on Google, this business takes pride in the environment they cultivate with the personalized attention provided to the modern day Bride-to-be while the business continues to stay on top of the current trends and offers a variety of dresses, accessories, and designers within their hand-picked inventory. In addition to bridal options, the business enhanced their inventory with prom dresses which has increased their reach into the market and annual sales. The business can be run as a semi-absentee or fully absentee business due to currently employment in place.
Financial Information
$350,000
Asking Price
$98,740
Cash Flow
$280,493
Gross Revenue
Business Location
City:
SWFL
State:Florida
Reason for Sale
leaving industry
Detailed information
Year Established:2020
Home Based:No
Franchise:No
Relocatable:No
Lender Prequalified:No
SBA Prequalified:No
Full-Time Employees: 1
Part-Time Employees:1.5
Contractors:N/A
Owner Worked Hours/w:30
Inventory Included: Yes
Inventory Value:
$220,000
Monthly Rent:
$2,500
Real Estate Available: No
Real Estate Included: No
Real Estate Value:
$0
Building Size: 2500
FF&E Included?: Yes
FF&E Value: $13,500
Training/Support
Seller will give 30 day transition period
Facilities
Boutique is located in a double suite in stand alone building.
Market Outlook/Competition
This business is hidden gem located in the ever growing market in the state of Florida. With the influx of new residents in the SWFL area this market is not predicted to slow down. And with little to no competition in the immediate area, this business takes advantage of the market by offering an 'Insta-Worthy' boutique and a highly sought after private and personalized bridal experience.