Multi-Location Special Occasion Apparel Company

Description:
The Company is a special occasion apparel retailer specializing in dresses. Operating online and through physical stores, the Company is known for elegant and stylish apparel that offers a wide range of products, including prom dresses, evening gowns, cocktail dresses, and wedding dresses, as well as accessories and shoes to compliment each outfit.

Key Aspects:
• The Company's average revenue from its fiscal year (FY) 2022 through 2024 was $29,238,216
• The Company's average gross profit (GP) margin from 2022 through 2024 was 60.4%
• Average adjusted EBITDA margin was 11.9% from 2022 through 2024
• The Company has store locations across the continental US
• The Company has an established 41-year operational history
• According to management, in 2024, the Company's gross profit margin for its private label products was 67.6%

Opportunities:
• Focus on optimizing the e-commerce platform to drive revenue growth
• Expand geographically to capture additional market share
• Strengthen and expand initiatives to drive international sales growth
• Implement a customer loyalty program to enhance customer retention and drive repeat business
• Expand inventory to include a broader selection of wedding dresses to enhance product offerings

Headquartered:
• Northeast, US

Current Markets:
• The Company serves customers seeking special occasion apparel throughout the US.

Real Estate:
• The Company operates from 14 retail locations, an office (1,706 sq. ft.), and a distribution center (8,800 sq. ft.). The retail locations, offices, and distribution center are owned by unrelated entities but may be leased long-term.

Shareholder Ownership:
• The Company is wholly owned by a holding company, which is owned by four inactive shareholders seeking to exit upon a sale.