This is a well-established, upscale bridal salon in the East Valley. Business is in a great, visible location and has a wonderful reputation in the community with many 5-star, glowing reviews on Yelp! and Google from past brides. All sales people are paid an hourly rate plus commission, and the owner is currently active in the business.
- Asking Price:
- $795,000 (USD) Furniture / Fixtures included
- Sales Revenue:
- $1,100,000 (USD)
- Cash Flow:
- $300,000 (USD)
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
$5,073 monthly rent
- Leasehold Rent:
-
$60,876 (USD) per annum
- Size in square feet:
- 2,189
Business Operation
- Reasons for selling:
-
Retiring
- Employees:
- 3 full-time
Other Information
- Support & training:
-
2 week training period
- Furniture / Fixtures value:
- $10,000 (USD) - included in the asking price
- Inventory / Stock value:
- $30,000 (USD)
