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Rare! Established Bridal Boutique/Alterations in Bergen County
Asking Price
$2,950,000
Revenue
Call/Email
Down
$750,000
Cash Flow
Call/Email
Name: Jeffrey Ryu
Name
Jeffrey Ryu
Description
The business focuses on creating a personalized appointment experience, with stylists helping brides select gowns based on their individual preferences, styles, and budgets. Its website also showcases collections for brides, bridesmaids, and mothers of the bride and groom.
An alteration business is included in this listing. Physical location 2 blocks away in a 2,000sq. ft space.
The business generated approximately $3.66 million in annual sales with approximately $1.05 million in Seller's Discretionary Earnings, according to the seller-provided information. The asking price is $2.95 million, including approximately $250,000 in furniture, fixtures and equipment, $350,000 in leasehold improvements, and $1.2 million in inventory.
Key Highlights
Established in 1995
More than 30 years of bridal-industry experience
Approximately $3.66M in annual sales
Approximately $1.05M in Seller's Discretionary Earnings
$2.95M asking price
Approximately $1.2M in inventory included
$250K in FF&E included
$350K in leasehold improvements included
Curated selection of prestigious designer bridal collections
Offers bridal gowns along with collections for bridesmaids and mothers of the bride and groom
Personalized bridal appointments and styling experience
Established online presence with bridal collections, appointment booking, bridal gallery, blog, and social media integration
Seller willing to provide 20 business days of training at no cost
Potential opportunities for a new owner may include:
Expanding digital marketing efforts to increase online visibility and appointment inquiries.
Building on the existing designer portfolio by introducing additional collections or expanding offerings from existing designer relationships.
Increasing bridal party sales by further developing bridesmaid and mother-of-the-bride/groom offerings, which are already part of the business's stated product mix.
Leveraging social media and content marketing to showcase new arrivals, bridal trends, featured gowns, and real-client experiences.
Developing additional appointment-based promotions and events, such as designer trunk shows and collection launches. The website already promotes events and new collection content.
Expanding customer engagement after appointments through digital follow-ups, email marketing, wishlists, and other online tools already present on the website.
Continuing to refresh the product assortment around emerging bridal trends, including minimalist styles, lace, beaded gowns, and contemporary silhouettes featured in the business's recent website content.
These are potential avenues for future development rather than representations of guaranteed future performance.
https://tworld.com/locations//upper-bergen-county/listings/Rare-Established-Bridal-Boutique-Alterations-in-Bergen-County
Business Details
Year Established:
1995
FE&E:
$250,000
Reason for sale:
Retirement
Lease & Tenant Information
Lease Options:
$20,000
Other Information
Listing Number:
60386-984835
Sales:
$3,660,000
Seller's Discretionary Earnings:
$1,050,000
Inventory:
$1,200,000
Posting Information
Posting ID:
ID tw:92273 / Listing Number 60386-984835
Business Category:
Clothing, Tailoring
Keywords:
Transworld
Send NDA Request
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Posting Title
Rare! Established Bridal Boutique/Alterations in Bergen County
Posting ID
#*4f25b71bf80b1ae3c9631c81a097d24c*92273
Full Name (Required)
Email (Required)
Phone (Required)
NDA Signed Successfully!
Your NDA has been signed and submitted. The broker will review and countersign it. Once complete, you will receive access to confidential business details.
Agent, Broker or Seller Contact
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