Business To Buy
Top Bridal Shop in Bay Area for sale |
San Jose, California |
This bridal, prom & tuxedo shop has been established for decades under the same ownership. It’s located on a major thoroughfare of South Bay with great traffic exposure, large parking lot and easy access to Freeway. It’s one of the top bridal shops in Bay Area. The business has grossed $2MM+ and netted $500K+ before pandemic. Even with shut down during the pandemic, it still had very strong cash flow. The first few months of 2022 already indicated the annual revenue back to the track of $2MM+. It has spacious display area, large dressing rooms and mirrored areas for viewing. SBA loan pre-approved. $500,000 inventory is included. The owners are selling to retire. Ref#10781 |
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Financials |
Price: $1,150,000 |
Gross Income: $2,564,496 |
Cash Flow: $522,750 |
FFE: $0 |
Inventory: $500,000 |
Real Estate Value: $0 |
About the Business |
Office Reference ID: #10781 |
Year Established: 1985 |
Financing: SBA approved |
Training: 4 weeks, 30 hours per week |
Facilities: The current lease will expire on 12/31/2024, Rent $12,548, NNN $6,130, 6070 Square Feet
Hours Monday, Thursday, Friday, Saturday from 10 am to 6 pm, Sunday from 11 am to 5 pm Tuesday, Wednesday 12pm to 8 pm
First 6 months indicate the business is back to the level of pre pandemic |
Competition: |
Growth: |
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Business Listed By |
Name: |
Company: BTI Group / Business Team |
Phone: 408-385-0412 |
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The information in this listing has been provided by the business seller
or representative stated above. BusinessToBuy.Net has no stake in the sale of this business, has not verified the accuracy, completeness, and assumes no responsibility for this advertisement. Read our Terms and Conditions for more information. |
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