Bridal Shop

File# C2342
Location: Oakland County
Business Price: $425,000
Down Payment: $250,000
Monthly Payment:$4,446.54
Interest Rate: 6%
Amortization Period:60 months
Gross Sales: $742,125
Source: Tax Return 2016
Cash Flow: $179,919
Source: Tax Return 2016
Inventory: $170,000 Apprx
Days Open: M, Wed, Th, Fri, Sat
Business Hours: 10-6 PM, Fri 10-8 PM, Sat 10-5 PM
Seats: NA
Parking: ample
Licences Required:Sales
Year Established:2002
Year Acquired: 2002
Monthly Rent:$4,900.65 NNN ($1,625)

Profile:

This is a rare opportunity to purchase one of Michigan’s premiere Bridal Shops in Oakland County. This shop has been in business for more than a decade and has a fantastic reputation for offering designer wedding gowns, bridesmaids, bridal accessories, in-house alterations, and superior quality services. They are one of very few and selected bridal shops in Michigan to ever win the “The Knot Hall Of Fame” award. Additional awards include, The Knot best of Weddings 2017, Wedding wire Couples Choice Award, which represents one of the top 5% of wedding professionals nationwide, among many more awards at a local and national level. As a full service bridal shop, they represent many world renowned designers for bridal fashion and have exclusivity within the state of Michigan for some of these brands. Staffed with seamstresses totaling 45 years of experience, and well trained sales consultants, combined with abundance of inventory, shop supplies, professionally built website, and much more, don’t miss this opportunity to acquire one of the top bridal shops in Michigan.

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This information has been supplied to Broker, Capital 1 Commercial Group, Inc. by Seller or obtained from other sources. Broker has not and will not verify the accuracy of this information. It is recommended that Purchaser independently verify the accuracy of this information with Purchaser's counsel.