Total of 18656 firms and businesses for sale today Tuesday 16th April 2024
Sold. Exclusive Supplier & Stockist Of Designer Bridal Wear Full Fitting Service
LISTING DETAILS
Firms For Sale ID:
24952
Vendor reference:
AB106
Vendor website:
BUSINESS DETAILS
Location:
Primary sector:
Asking price:
£150,000
Turnover / revenue:
£250,000
Net profit / cashflow:
Undisclosed
Years established:
30
Trading hours:
Open Monday, Tuesday, Thursday, Friday, Saturday. 0945-1700
Closed Wednesdays and Sundays at present
Number of employees:
3
OTHER DETAILS
Reason for selling:
The current vendors wish to retire and move abroad.
Support and training:
The owner will provide full business familiarisation, training and handover as required to ensure a smooth transfer of the business to new owners.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
The business is currently run from substantial leasehold retail premises, ideally located on a busy high street. The current lease was taken out in 2000 and has a further 7 years to run.Current rent is circa £24,500 p.a. Rates are circa £12,250 p.a.
BUSINESS DESCRIPTION
Exclusive Supplier & Stockist of Designer Bridal Wear
Full Fitting Service
Ref.AB106
Location West Midlands
Asking Price £ 150,000
This business, set up by the current owners over 30 years ago markets and sells bridalwear and accessories to a national audience throughout the uk. The business has positioned itself at the middle/upper end of the market it serves so well and provides a complete range of dresses and accessories to ensure any wedding day is a complete success, be it wedding dresses, bridesmaids dresses, shoes, lingerie and headwear.
The business prides itself on offering a complete service which helps guide the bride through the months prior to her big day and can offer advice and planning details from the first steps of such planning right up to the wedding, honeymoon and beyond!
The business consistently strives for excellence and this is reflected in the quality and choice of gowns it carries in stock. The company caries stock of over 750 gowns from some 30 well known and in demand designers. With separate and personal fitting and viewing areas customers receive all the help and service required from professional and attentive staff. The store has its own in-house designer and on-site workroom on hand for those special touches
Expansion Potential
Further development of the website represents an excellent opportunity for further growth and expansion as does a more aggressive sales and marketing campaign. Additional opening hours would also have a positive effect on turnover, especially Sunday trading with many clients willing to travel hundreds of miles to try the latest designs and styles.