Listing ID: 72912

Business Overview

BUSINESS OVERVIEW
– Family-owned bridal and formalwear boutique, operating continuously 37+ years
– Location: (Nassau County, Long Island) Confidential
– Product mix: bridal gowns, bridesmaid dresses, mother-of-bride/groom dresses, tuxedo rentals, alterations
– Sole owner is retiring after decades running the business – clean, straightforward reason for sale
– S-Corp entity structure
 
WHY IT’S MARKETABLE
– Long operating history with an established local reputation and loyal customer base (good candidate for Google reviews / testimonials pull)
– No food & beverage, no liquor license, no event/catering complexity – simpler operational footprint than many “wedding industry” businesses
– Designer/vendor relationships already in place
– Appointment-based retail model, not fully walk-in dependent
 
FINANCIAL SNAPSHOT (reported, tax-return-verified)
– Revenue: approximately $617K-$673K over the last four years
– Gross margin trending favorably: approximately 42% (2022) to 49-51% (2025)
– Consistent officer compensation to the owner throughout
 
LEASE
– Runs through December 2030 – several years of runway for a buyer
– Predictable, modest annual rent escalations built into the lease
– Landlord approval required for assignment (standard for a transaction like this – buyer will need to qualify)
 
ASKING PRICE
– $400,000 total ($200,000 business value + approximately $200,000 inventory at cost)
 
DEAL STRUCTURE 
– Inventory included in the purchase – buyer steps into an operating store, not a from-scratch build-out
– Good fit for a first-time buyer or someone with retail/apparel experience – lower operational complexity than food service or event-venue businesses

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION

Business Owners: We represent qualified clients that are very interested in buying all types of businesses. If you have any interest in selling your business at this time or in the near future please contact me at info@hedgestone.com. Our buyers are already qualified and willing to invest their time and money toward a business like yours. All communications are kept STRICTLY CONFIDENTIAL.

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FOR INTERESTED PARTIES PLEASE CALL US AT (561) 593-3711

Financial

  • Asking Price: $400,000
  • Cash Flow: $88,000
  • Gross Revenue: $617,000
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: Yes
  • Established: N/A

Detailed Information

  • Property Owned or Leased:Lease
  • Property Included:N/A
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:N/A
  • Furniture, Fixtures and Equipment:N/A
Is Support & Training Included:

Yes.

Purpose For Selling:

Owner Is Retiring.