Bridal Retailer And Formal Hire Business For Sale

Business description

Trading on 3 floors. This award winning shop selling to over 450 brides alone in 2008 has gone from strength to strength over the past 5 years. Selling top leading designer Bridal wear and a large selection of well known Bridesmaids designers plus all accessories and Mens Formal Hire.
The enterprise has earned an outstanding reputation over the past 5 years for its number one service, beautiful gowns, knowledgeable staff and being able to offer the full package.
An extremely very well presented busy bridal shop within a fantastic location in Staffordshire. Good parking, excellent large window displays on a very busy road which almost sells itself. Constant referrals are a major part of our business where brides will travel from afar to buy exclusively from us. This is mainly from the excellent service we give, award winning designers we offer, our well trained staff and a very user friendly website. We also exhibit at all the major Bridal Shows, advertise in magazines and hold promotional designer weekends 3 times a year. Hard effort and dedication by the owners has made this bridal shop and name to where it is today. Winning best National Bridal retailer.
We cover all budgets but mainly from mid to high end.

The business has built up extremely good relationships with all their suppliers which is very important and represents the well known top leading names out there in the Bridal industry.

An excellent opportunity set up for someone looking seriously to buy into a continuous growing and well-established Bridalwear shop.

The company employs 3 Full Time staff. And 2 Freelance qualified seamstresses.

Key Strengths:
Excellent Very Busy Location
Winning Best National Bridal Retailer
Top award winning designers
Trading for 6 years going from strength to strength
Offering the full package
Reputation for excellent customer service
Good user friendly website
Constant compliments on the presentation of the shop and window displays

Property: Leasehold or possibly Freehold available

Lease Terms - To be agreed

Location - Staffordshire

Support & Training.
Full support and any necessary training will be provided during handover as part of a successful sale package


Reason for Sale: Genuine Semi retirement sale.

Trading Hours: Monday – Saturday 10am- 5pm (2 Late Nights)

Property information

Property:

Leasehold

Lease terms:

to be agreed

Leasehold rent:

£20,000 per annum

Location:

Town centre location in a prominent corner position on a busy roundabout. Car parking available behind the premises.

Premises details:

The property has recently undergone a major refurbishment and has been restored to give its original victorian appearance.

Other information

Expansion potential:

Sales are increasing year on year due to the position and reputation that has been developed over recent years.

Planning consent:

Planning permission has been obtained for a small extension at the rear of the shop to allow expansion.

Competition / Market:

There is no competition within the town enabling the business to have a choice of nearly all the leading designers within the industry.

Support & training:

Full support and any necessary training will be provided during the handover as part of any successful sales package.

Reasons for selling:

Semi - retirement

Trading hours:

see description

Furniture / Fixtures value:

£20,000

Inventory / Stock value:

£100,000