Established Bridal And Formalwear Boutique

HS Listing ID-72912 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