Most well known prom/quinceanera dress store: Price cut to sell urgent - Business for Sale
Request Information
The contact information for this deal is locked. If you wish to unlock this information, you need to upgrade to SMB Deal Hunter Pro.
👗
Prom and Quinceañera Dress Retailer in Troy, Michigan
Troy, MI, US
Added 1 month ago
Formal Wear Retail Store
26 years in business
Retiring Owner
Formal wear retailer specializing in prom and quinceañera dresses, operating from a 7,860 square foot store in Troy, Michigan with over 24 years of continuous business.
Key Information
Asking
$100K
Revenue
$500K
Earnings
$150K
Multiple
0.7x
Key Highlights
- Business established for 24+ years, with listing stating 26 years in operation
- Located in a 7,860 square foot retail space in Troy, Michigan
- Inventory valued at $300,000 is included in the sale
- Furniture, fixtures, and equipment (FF&E) valued at $10,000
- Monthly lease: $4,000
- Seller financing available; cash purchase required as bank financing is not acceptable to seller
- Seller will provide 10 days of training to the new owner
Contact Info
Unlock Premium Features
Get everything you need to find, finance, and acquire your business
Personalized Deal Flow
On and off market deals curated to your search criteria.
Unlimited 1:1 M&A Support
Expert advisors to help you spot red flags, negotiate your offer, and hand hold you all the way to close.
Pre-Vetted Deal Team
- * Intros to our preferred lenders
- * Access to our investor community
- * Discounted 3rd party Financial and Legal diligence