Wedding Dresses and Accessories, Substantial Retail Business For Sale

United Kingdom


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This business is marketed by

Anderson Moore View more business for sale by this agent

Location:

            United Kingdom - Southern England 

Price:

             £150,000

             (Furniture / Fixtures included)

Sales revenue:

£396,000

Net profit:

£59,000

Business description

Southern England. This business has enjoyed many years of successful trading and growth leading to the current, attractively appointed showroom premises. Our client now feels that they have earnt a retirement and would like to see the business pass into energetic and innovative new hands to continue its success well into the 21st century.

The company specialise in the retail supply of wedding dresses, bridesmaid dresses and bridal accessories including shoes and jewellery. With offerings from a wide range of suppliers to suit all budgets and sizes, the bride-to-be is offered a personal service with expert help in choosing, fitting, alternating and accessorising for their big day.

The retail showroom has a welcoming and relaxing ambience and customers are offered ample time and space to make their choices. A number of private fitting areas are provided, with rooms dedicated to other members of the bridal party including bridesmaids along with a further room for sale items such as end-of-line and ex-display dresses.

The business enjoys healthy margins on sales and has seen steady and continued growth over the years. As well as the retail shop there is also an e-commerce website for online ordering.

Other information: The business has an exclusivity arrangement with a number of world-leading, highly sought-after bridal suppliers.

It is essential to point out that post-sale, the buyer will be assisted in every way by the vendor who wishes the business to grow and thrive and for the new owner to be every bit as successful (or more so) than they have been.

It is possible to acquire the business within the current premises on a new lease. Alternatively, the freehold is available if required and the bricks-and-mortar value is around £400,000.

Please enquire now. We cannot give the precise location of the business as our client wishes the sale to remain confidential but further brief details are available on request and upon receipt of a fully completed non-disclosure letter, we will be able to present a comprehensive sale memorandum.

Property information

Property:

Leasehold

Location:

Town Centre

Premises details:

A very nicely appointed and maintained premises divided into showroom, fitting rooms and a sale outlet. Kitchenette and staff and customer WC facilities.

Energy Performance Rating:

F

Business Operation

Expansion potential:

Potential exists to increase exposure through established events, wedding fairs, on- and off-line media channels and expansion of the e-commerce space. As a destination shopping venue there is potentially a wide radius of operation to draw on.

Employees:

10 staff in various full-time and part-time roles.

Other information

Support & training:

This is a genuine retirement sale however the vendor will be remaining in the local area and wishes to be fully supportive to the new owners. A fully supported handover is willingly offered as part of the sale.


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business information

Sale price: £150,000
Turnover: £396,000
Net profit: £59,000
Tenure : Leasehold
Status: Available
Sectors:
Ladieswear Retailers
Other Retail businesses
Shoe Shops
Wedding Services
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