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Advert Details
Ladies Evening Wear and Ball Gown Rental Business For Sale
Fenstanton, Cambridgeshire, United Kingdom
Financials
Asking price: £30,000
Sales revenue: Undisclosed
Net profit: Undisclosed
Fixtures value: Undisclosed
Stock value: £15,000
Business description
With more then 25 years in the industry the owner has decided that it is time to retire and is looking to pass on her business to a new owner with a drive and passion to move things forward.
The main business is the hiring out of Ball Gowns and Evening Wear for special occasions.
With help from her daughter the owner was the first in the country to introduce the American style “end of year Prom” into secondary schools. Due to the number of schools locally this part of the business is thriving.
There is always a demand for Party dresses and Ball Gowns with more and more company events and special occasions taking place throughout the year.
New and used dresses are also sold, along with accessories including costume jewellery, hats etc.
Menswear.
Hires out Morning suits and Dinner Jackets.
Clients come from Cambrideshire, Essex, Northamptonshire, Lincolnshire, Bedfordshire, London and many other places, such is the reputation of the business.
Included in the sale will be £15,000 worth of stock.
Years established: 25+
Property: Leasehold
Lease terms
A new lease will need to be negotiated with the Landlord.
Location
The shop is located just off of the A14 between Cambridge and Huntingdon on a village High Street.
Expansion potential
There is a great potential to open a dress agency, selling quality second hand evening wear.
The menswear section could easily be expanded.
With the proximity to Cambridge a little advertising in this area could reap greater rewards.
Competition / Market
There is very little cmpetition and the client list comes from all over the country.
Support & training
The owner is very willing to help any buyer on a consultantcy basis for as long as they wish.
Reasons for selling
Retirement


