Asking price: £45,000

Sales revenue: £100,000

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
Preferred Commercial is delighted to offer for sale this bridal wear, accessories, hire and balloon business, which was established by our client in 2006 and has fast built up an enviable reputation within the Bridlington and surrounding areas. It is only now being placed on the market due to ill health. The balloon side of the business has been established for 10 years. The business offers a new owner great potential to develop, with the expansion of the sales area, greater development of the hire side of the business as well as the introduction of a web site and an advertising and marketing campaign. Currently the business achieves a weekly turnover of £2,000. Brands stocked include Alfred Angelo, Forever Yours, Ronald Joyce and Cosmobella. There remains infinite scope to develop turnover further as the business is very much run at a pace to suit, due to ill health. This is a unique opportunity to purchase a well-established and popular local business. We are advised that the stock is included and that machinery is available by separate negotiation. Early discussions with Preferred Commercial must come highly recommended.

Trading hours: Mon - Sat: 10.00am - 4.00pm Sun: Closed

Property: Leasehold

Lease terms
Original length: 3 years Remaining: 3 years Review: every 3 years Rent: £520 per calendar month

Location
Brides by Tilly & Just Balloons is located on a prominent corner site in a busy retail parade in Bridlington town centre. The premises boast corner windows and benefit from being a double unit with very high footfall and free car parking to the street, while there is pay and display car parking for longer visits. The business draws its trade from the wealth of local and passing traffic. This is a destination store with clients travelling from as far away as Lincoln, Carlisle and York.