Hawaii Profitable And Established Bridal Boutique For Sale

Business description

Establish yourself in the middle of the Aloha State's hottest industry with
this profitable and established business. A full inventory at only 1/3 of the
wholesale price upfront to the new owner!! Bridal Gowns and formal dresses and
gowns for proms, military balls, and all types of formal occasions. Shoes,
accessories and Tuxedo rentals. Best service levels and selection of
merchandise on the island! Excellent central location. Largest inventory of
its type of product on Oahu. Asking price includes $450K in top of the line,
saleable inventory - a new owner may be able to immediately regain all or
most of their initial investment by selling down the inventory. The current
owner has invested much of the company's profits into inventory but the
business could reduce inventory by 30-50% and maintain its level of
service and selection. Reasonable pricing Large referral base built up over
19 years in business Excellent service level with long reputation of top
quality products One stop shopping for formal wear. Easy fun and
glamorous business to operate. Work with people on the happiest day of
their lives!!
ALL REASONABLE OFFERS CONSIDERED.
PLEASE READ . . you will be required to submit a non-disclosure
agreement and a brief financial statement prior to receiving any information
about this business. Serious inquiries only, please. Mahalo.

Property information

Real Estate:

Lease

Leasehold rent:

$43,200 per annum

Location:

2800 square foot facility with ample parking, centrally located and room for
growth. Lease is $3600 (all inclusive) and expires on June 2011 with an
option to renew for an additional two years. Landlord very receptive to
additional extension.

Size in square feet:

2,800

Business Operation

Expansion potential:

With the size of the wedding industry in Hawaii, there is an unlimited
opportunity for growth in this business. New owner will be impressed with
existing clientele and referral base, however, an ambitious owner could
easily grow market share in this red hot industry in the Aloha State.

Competition / Market:

Hawaii is one of the top five spots in the world for weddings. This business is a top five return on Google for 'bridal shop Oahu' and additionally covers a market on the island that is poised for growth and currently poorly covered by the Bridal industry.

Reasons for selling:

Retirement!!

Trading hours:

M-F: 11-6
SAT: 10-4

Employees:

4

Years established:

2000

Other information

Support & training:

Current owner will provide 4 weeks of training at 20 hours per week to ensure new owner is set up for success.

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

Asking 150k at closing and flexible seller financing terms for the remaining 300k available.

Furniture / Fixtures value:

$10,000 (included in the asking price)

Inventory / Stock value:

$450,000 (included in the asking price)