2219 Us-Highway 23 Alpena, MI 49707
This exceptional business opportunity presents the chance to acquire a thriving, family-owned bridal salon in Alpena, MI. Located on US Highway 23, this well-established business boasts over 18 years of success in a three-county area, serving as the sole bridal salon within its region. The sale includes all fixtures, furniture, equipment, inventory (including a stunning collection of wedding gowns, veils, headpieces, jewelry, accessories, prom dresses, shoes, tuxedos, suits, and gifts), and the existing website. The 5,000 square foot leased space offers ample parking for customer convenience. Full-service alterations are offered, enhancing customer satisfaction and providing a valuable additional revenue stream. The business caters to a wide range of events, including weddings, proms, and other special occasions, along with gift sales. The current owner is retiring and will provide comprehensive training to ensure a smooth transition for the new owner. This turnkey operation offers immediate revenue generation with an established customer base and significant growth potential. Minimal marketing competition and a strong reputation provide a solid foundation for continued success. This is an unparalleled opportunity for an entrepreneur seeking a profitable and established business.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.