A Unique and Popular (One-Stop-Shop) Bridal Retail & Service Business
TTM Gross Income: $1,019,371
TTM Net Profit: $483,944
Asking Price: $1,200,000
Note: All numbers are in USD
This business is a unique and popular one-stop-shop serving the local Austin, Texas bridal market. They specifically service the savvy, “cost conscious” bride who is looking to find everything they need to have a special and memorable event all in one place – without having to spend their life savings in the process. They offer an affordable one-stop-shop solution that makes them a very unique and attractive option for prospective clients to choose.
No knowledge or experience of event or wedding planning is needed because well trained, loyal key employees will stay on to handle these areas of the business, making it easy for the new owner to step in and focus on increasing sales. With impressive margins on the resale of bridal merchandise, rental tables and chairs, and wedding planning services, this is an excellent business for anyone looking to enter this market, with significant opportunities for growth and expansion all across the country if desired.
Note: Austin, Texas is an extremely popular destination wedding spot.
Here are some of the highlights and competitive advantages of this business:
- This business has significant opportunities for growth and expansion – especially through franchising the proven concept with multiple locations across the country.
- This business has excellent profit margins on both the retail and service sides of the business.
- This business has very little direct competition as it’s the only store of its kind in the US, and is the only wedding and anniversary resale store in Texas.
- This business remains busy and steady all year long, with no real seasonal fluctuations.