$1,150,000

Top Bridal Shop in Bay Area for sale

California/San Jose
Financials
  • Price: $1,150,000
  • Gross Income: $2,564,496
  • Cash Flow: $522,750
  • FFE: $0
  • Inventory: $500,000
  • Real Estate Value: $0
  • Source Data:
About the Business
  • Listing ID: #10781
  • Year Established: 1985
  • Financing: SBA approved
  • Training: 4 weeks, 30 hours per week
  • Facilities: The current lease will expire on 12/31/2024, Rent $12,548, NNN $6,130, 6070 Square Feet Hours Monday, Thursday, Friday, Saturday from 10 am to 6 pm, Sunday from 11 am to 5 pm Tuesday, Wednesday 12pm to 8 pm First 6 months indicate the business is back to the level of pre pandemic
  • Competition:
  • Growth:
  • Employees:

Property Descriptions

This bridal, prom & tuxedo shop has been established for decades under the same ownership. It’s located on a major thoroughfare of South Bay with great traffic exposure, large parking lot and easy access to Freeway. It’s one of the top bridal shops in Bay Area. The business has grossed $2MM+ and netted $500K+ before pandemic. Even with shut down during the pandemic, it still had very strong cash flow. The first few months of 2022 already indicated the annual revenue back to the track of $2MM+. It has spacious display area, large dressing rooms and mirrored areas for viewing. SBA loan pre-approved. $500,000 inventory is included. The owners are selling to retire. Ref#10781

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Business Listed By

1475 S Bascom Ave, Suite 113, California, Campbell