Listing ID: ABB21021

Quick Facts

Category: Retail / Services
Asking Price: $150,000
Cash Flow: $46,459
Revenues: $139,581
FF&E: $15,000
Inventory: $60,000
Real Estate: Leased
Employees: 1 PT
Home Based?: No

Business Description:

Well established Dress Rental and/or Dress Sales business. Current owners originally bought and ran the business as a successful dress rental store. Due to COVID restrictions, the business was shut down from March through August 2020. During this period, the owners switched the business model from dress rental to dress sales including consignment sales for girls all over Utah.  Most current style dresses purchased from our store or other stores can be brought in and resold through our store on consignment. This has proven to be a very popular option with girls and parents alike. The new selling model is clearly more efficient and requires significantly less labor than the rental model. Both store models are available and may be implemented at the new owner’s discretion.

The large customer base consists mainly of teenage girls, as evidenced by a substantial social media following, shopping for a variety of school dances during the academic year.

The current owners are eager to find someone who would love a turn-key opportunity. This is a perfect business for a mother/daughter team, fashion enthusiast, or anyone who would like to have their summers free to travel. If you love fashion and helping make girls feel beautiful for their big events, this may be the perfect business for you. The owners are motivated to sell, including offering to pay rent through August for the new owners, help with creative financing options and willing to entertain all offers.

Real estate transactions brokered by Alpine Business Brokers, LLC.

 

Location:

Utah / Utah County

Training:

Seller will provide training during a reasonable transition period.

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