Bridal , Prom and Tuxedo Business For Sale

Danville, KY
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Asking Price:$251,000
Inventory:$128,000
Established Year:1983
Gross Revenue:$200,000
FF&E:$12,000
BUSINESS DESCRIPTION

This is a wonderful opportunity to acquired a long established ( 41 years ) Bridal. Prom and Tuxedo Business in the greater Lexington area . This is a family owned business with a great reputation statewide and a list of contacts for customers and suppliers that have been accumulated over decades . The sellers would be available for very effective transition assistance.
In addition to their current baseline business they have developed robust e-commerce infrastructure in the E Bay and Amazon channels and it is very under exploited at this time . A great growth opportunity . Another under exploited sector is tuxedo sales and rentals.


DETAILED INFORMATION
Location
Danville, KY
Inventory
Included in asking price
Real Estate
Leased
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Competition
This business has a very strong following in a 15 county area and has served three generations of customers .
Growth & Expansion
In addition to their current baseline business they have developed robust e-commerce infrastructure in the E Bay and Amazon channels . They also feel the tuxedo segment is under developed .
Support & Training
The sellers would provide very effective transition assistance including accompanying the new owner to a Bridal Show event in Atlanta,
Reason for Selling
Sellers are ready to retire .
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Mark
Sievers
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Mark Sievers