Award Winning Upmarket Bridal Wear Business In Warwickshire For Sale

Business description

HISTORY

• The business was founded by the current vendor over 4 years ago, during which time she has successfully expanded the product range to the point where it is now surely regarded as the premier bridal boutique in the region.

REASON FOR SALE

• The business is only now being reluctantly offered for sale as she is moving to London as her husband’s job is re-locating.

PRODUCTS

• Bridal gowns to suit every style of wedding by well known designers including:
o Alan Hannah
o Jenny Packhman
o Plus other exclusive designers
• Mother of the bride outfits by Condici and Inspirato
• Shoes, hats, fascinators, jewellery, tiaras and other accessories

SERVICES

• Any alterations of any type are currently sub contracted to a local seamstress but managed in store.
• They also offer a clean and box service for the bridal gown after the wedding.

CUSTOMERS

• Approximately 30% of clients are local to the business with the remaining 70% coming from all around the country, attracted by the exclusive designers who show in the shop.

STRENGTHS

• A good established business which has been trading for over 4 years
• High visibility location in an affluent area
• Excellent presentation with a new owner having nothing to do on takeover
• Outstanding customer reputation with a high referral rate from one bride to another
• Superb product range by many well known designers
• Has already won 2 major awards and is currently short listed for a third.
• Excellent brand within the industry
• Award winning website that can be self maintained in parts








DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn withou notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).

Property information

Property:

Leasehold

Lease terms:

• Leasehold
• Original Lease: 10 years – with a 5 year break clause
• Remaining lease: 6 years
• Review every: 5 years
• Rent: £12,000 per annum
• Rates: £200 per annum

Location:

• The business has an excellent high visibility location on the edge of an affluent town in Warwickshire.

Premises details:

• Centre entry door either side of attractive bay windows, the bridal shop is very well presented throughout in a boutique style
• Original wooden floor on entry but carpeted elsewhere, there is a good ambience throughout which the vendor has created with 3 chandeliers interspaced with soft spot lights
• There is a single changing room but there are movable curtains which can be formed to make another room if required
• Side rails with bridal dresses and mother of the bride on display
• Cellar for storage
• Redcare alarm system
• They also benefit from a side window display which throws extra light into the shop
• There is a large free of charge parking area nearby and also free of charge on street all around the shop.

Business Operation

Competition / Market:

• Develop the existing website for accessories to increase online sales • Attend wedding fayres and fashion shows • Have selected advertising, as the business does very little currently • Move to a larger shop to enable the product range to be increased, especially mother of the bride

Trading hours:

• Mon, Wed to Sat: 10am to 5pm
• Tues: 10am to 8pm

Employees:

• The business has 2 full time staff including the vendor and 1 part time who works for only 2 hours per week

Other information

Related documents:

• 
• Sales Particulars