Asking price: £60,000

Sales revenue: £100,000

Net profit: £35,000

Fixtures value: £2,000

Stock value: £32,000

Business description
We are delighted to offer for sale this well known and profitable business, established by our client 5 years ago with the 2005 turnover looking to exceed £100,000. Our client offers a retail, design and made to measure bridal service including private evening consultations, the provision of accessories such as veils, tiara’s, jewellery, shoes and other assorted items.

Part of the business’s success to date has been through the positioning of the Bridal Salon as a “One Stop Shop” for Brides, Bridesmaids and mother of the Brides with the ability to perform the often-required alterations in addition to the actual sale of the dresses themselves.

An established internet website promoting the services of Jennies Bridal Wear, covering the suppliers such as Augusta Jones, Hilary Morgan, House of Nicholas, Venus Bridal and many more already promotes this business into the next century with website enquiry forms and email addresses.

The Bridal Salon has been run from four dedicated rooms in the owners house. This is an ideal opportunity for the future owner to take the Good Will, Client Referrals, Creditability with Suppliers, VAT Registration, Bank Credit Card Facilities plus a quality website and enquiry form facility through the email coupled with expert advertising into the location of their dreams, especially if they have the energy and determination to build on the solid foundations and to continue advancing the business to its next level.

Years established: 5

Employees: None

Trading hours: 0900 - 2000

Home based: This business can be run from home.

Relocatable: This business can be relocated.

Location
The business is located on a major road in residential arae with nearby parking facilities.

Expansion potential
With an excellent order book well into 2006, stock to the trade value of £30,000 plus shop fittings we feel this represents a fantastic opportunity for a new owner to acquire an established, yet growing business.

Competition / Market
This is a well established business with sound client base, only two other bridal shops are in the area with more than enough business to be generated by all.

Support & training
The vendor is willing to stay on for some time after the sale to help the new owner to become established and to maintain the client good will.

Reasons for selling
It is now being placed on the market because of the owners desire to retire overseas.