Profitable, Super Premium Bridal Salon, Middle TN

Davidson CO, TN

Asking Price: $92,000 + inventory

Cash Flow: $61,000 weighted

Gross Revenue: 206,000

Business Description

A Middle Tennessee bridal tradition since 1950, well known within the community among wedding planners, hotel concierge, and wedding vendors, this bridal salon offers the very finest in designer bridal gowns, formal wear, and men’s wear. Customers enjoy a spacious, 4,000 sf upscale boutique shop: up to four brides simultaneously enjoy the personal attention of a private appointment. There is plenty of room for expansion and growth. Nestled in a trendy corner of downtown with easy access, lease extends until 2/2023 with option to renew. Store inventory changes Spring and Fall, when designers come out with new gowns. Usually only a couple of designs are discontinued, sometimes none at all. But, discontinued gowns are marked down and offered in a sample sale. This greatly appeals to brides who are either on a quick timeline (no time to order a gown), or brides on a tighter budget. The store carries the very finest, most exclusive gowns, but they’re available to all! Current owners purchased in 2012. By appointment: Tuesday – Friday: 10-6 / Saturday: 10-4 Great value! Priced at 1.5x weighted* cash flow of $61,000* plus inventory ($198,000) *Actual 2019 cash flow is $88,000

This listing was added 04/19/2020