Business Description: This is a well known Bridal Shop, with approx. 100 bridal dresses in stock. Located on a heavily traveled street in the Silicon Beach area of Los Angeles, CA. Many high end customers and high ticket orders. Same owners since 2013. It is an independent single point store. There are 2 full time employees. There are beautiful Bridal Gowns, Bridesmaid Dresses, Flower Girl Dresses, and Accessories. Designer Bridal Gowns carried from 5 well known national designers. This is a turnkey opportunity and the current owners are owner-operator. The stated financials assume an owner-operator.
Markets: At this well located bridal boutique, the business model is to provide beautiful bridal gowns to brides, and dresses to bridesmaids,etc. A trained staff, professional customer friendly web sites, great Yelp reviews, and a beautifully designed shop result in many referral customers.
• Same owners since 2013- Well Established Bridal Shop with 5 star Yelp reviews.
• Approx. 1500 customer database- great for future marketing/expanding customer base for existing Bridal shops.
• Approx $120,000 in Bridal Dress Inventory.
Company Facilities and Operating Hours: The Bridal Boutique’s convenient operating hours are: Tue, Thurs, Fri, Sat, Sun 10am-6pm, Closed Monday and Wednesdays. The store leases approx. 1900 square feet of retail space in the Silicon Beach area of Los Angeles, California. Lease is $4300/ month- with insurance, maintenance and taxes included.(Except water, electric and trash- approx add’l $200/mo.) Lease is thru June 2017.
The Transaction: The reason for sale is the seller’s need to spend more time with family. Seller would agree to stay for 4 weeks to train new owner. There is approx. $120,000 of inventory, $4,000 of furniture/fixtures, and $14,000 of leasehold improvements included in the sale. The asking price is $125,000. Seller Financing may be available to qualified buyer.
2016(P&L) 2015 2014
GROSS INCOME $126,573 $127,102 $89,803
Cost of Goods Sold $83,245 $48,446 $9986
Gross Profit $43,329 $78,656 $79,817
Net Profit (Loss) ($38,514) ($20,675) ($22,087)
Note: All data on this business is provided by the Seller for information purposes only, and no representations are made by Broker or Agent as to the accuracy of information. Broker or Agent has made no independent verification of the data contained herein. Buyer is advised to perform its own due diligence and seek the advice of professionals prior to purchasing the Business.
Direct all inquiries to:
13428 Maxella Ave #140
Marina del Rey, CA 90292
Tel: 310-819-1670 – Fax: 866-225-7878
Email: [email protected]