Leading Bridal & Formal Boutique Shop.
Company Overview
One of NW Florida's leading Bridal & Formal Boutique Shop, including a high-quality bridal magazine and expositions. The business is well-established (14-yrs.), turn-key, and very profitable, located in Pensacola, which truly checks “all the boxes.”
The business offers:
- Multiple profit centers, Bridal Boutique, Wedding Magazine, and Bridal Expositions
- Longevity with an excellent reputation
- Owners benefits 182k
- Pre-approved SBA loan with National lender
- Business hours: Monday-Saturday (10:00-5:00); appointment only offering a good quality of life
- Included in price:
- Real Estate: valued at 410k
- Inventory: 79k - Facility; 2,920 sq. ft.; located about 1/2-mile from a regional mall
- Transition training at no charge
- Meticulous books and records and more!
This is an excellent opportunity to own a profitable, turnkey business and live on the beautiful gulf coast!
General Information
Year Established: 2004
Employees: 1 F/T; 1 P/T
Facilities: The business is in an ideal location, about 1/2-mile from the region’s largest mall. The facility occupies approx 2,920 sq. ft. with ample parking. The facility and décor are 1st class with all brand new flooring.
Market Outlook
Competition: No other business in NW Florida offers this depth of services.
Growth Expansion: This business has seen steady growth with excellent cash flow for the past several years. The owner wishes to retire; a new owner with new ideas & energy can take this business to the next level.
About the Sale
Financing: The business has been pre-approved for an SBA loan for a qualified buyer.
Training: The seller will provide sufficient training to ensure a smooth transition at no charge. Additionally, the seller would stay on as a consultant for up to 4-months, if required.
Reason for Selling: The seller is retiring
Financial Summary
Asking Price: $850,000
Revenue: $480,000
Cash Flow: $182,000
Real Estate: $410.000 (incl in sale)
FF and E: $20,000 (incl in sale)
Inventory: $79,000 (incl in sale)
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