The One Bridal Salon Is For Sale, Asking Price Is $125,000

Interested In Buying This Business: Email Jerry Miller at Jerry@VMVbrands.com

Business: The One Bridal Salon
Address: 603 W Main St
Asking Price: $125,000
2021 Total Income: $292,977.37
2021 Net Income: $59,902.95
Rent Per Month: $3,000
Inventory: $75,000
FF&E: $10,000
Financials To Review: Yes, with a signed NDA
Established Year: 2018
Parking: Free parking for customers

Website: TheOneBridalSalon.com (website conveys)
Instagram: The One Bridal Salon, 1,100+ followers (account conveys)
Facebook: The One Bridal Salon, 400+ followers (account conveys)
Inventory: Included in asking price
Real Estate: Leased
Building SF: 1,200
Lease Expiration: 09/30/2023 (yes, options to renew)
Employees: 2
Furnitures, Fixture & Equipment(FF&E): Included in Asking Price
Facilities: 1200 square foot boutique, elegantly decorated with comfortable, inviting furniture, oriental rug, oversized mirror. All furniture less than 5 years old.
Competition: Only one other bridal salon in the Charlottesville.
Growth & Expansion: Business has grown steadily since opening in 2018 and survived the pandemic with little affect. Charlottesville is the #2 wedding destination on the east coast. The business draws customers from all of Central and Northern Virginia, including Richmond and Washington D.C.

Interested In Buying This Business: Email Jerry Miller at Jerry@VMVbrands.com

Business Description:
Upscale salon selling designer wedding gowns and accessories. A 1200 square foot bridal boutique, located in a popular area of town, with free parking for customers. Boutique features several different bridal designers.

Asking price is $125,000 to include all inventory (dresses and accessories) as well as furniture within the store (couches, rugs, etc.).

Business has shown steady financial growth since opening in 2018 even during the pandemic.