Established Bridal & Formalwear Boutique For Sale

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