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BUSINESS REFERENCE : AB114 / RightBiz LUXURIOUS BRIDAL BOUTIQUE RETAILING EXCLUSIVE INTERNATIONAL DESIGNER BRIDE WEAR PLUS FITTING &ALTERATIONS SERVICE | | | | | | Luxurious Bridal Boutique Retailing Exclusive International Designer Bride Wear Plus Fitting &Alterations Service Confidentially offered for sale Ref No: AB114 Location: Co Down, Northern Ireland Leasehold Asking price: £85,000 plus stock at valuation | | | BUSINESS LOCATION: | Undisclosed Relocatable UNITED KINGDOM | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Bathroom & Kitchen Retailers | | SALE: | Agent Sale | LEASEHOLD: | £85000 | | | | | | | | | | | BUSINESS DETAILS: | Business Profile:
This exclusive bridal boutique opened its doors in 2004 and retails a comprehensive range of International middle to top end wedding wear, offering beautiful wedding dresses for the bride and bridesmaids as well as accessories including veils, tiaras, shoes and lingerie.
The staff offer personal consultations with a very individual and complete one to one service within an intimate setting, giving the best advice readily available on suitable shapes and styles for customers from the excellent range of gowns in stock, while guests can sit an relax in the luxurious and intimate setting. Nothing is too much trouble and clients are encouraged to take as much time as is required to come to the right decision.
The fabulous selection of gowns includes many by international designers from London, Paris and Barcelona, many exclusive to the area. The dresses ae supplied in a wonderful array of fabrics, hand made French lace, Zibiline silk, Thai silk, Silk Organza, Dupion silk, Duchesse satin, and Taffeta to name jus a few. The store also has a collection of the latest bridesmaids dresses in many colour options to compliment the bride.
The business employs a highly experienced in-house seamstress to make those important alterations ensuring the wedding gown is a perfect fit for the big day.
Customer Service:
Due to the nature of its work customer service is at the centre of everything the business does. The business has received many testimonials from satisfied clients. The ambience in the store ensures that the bride and her guests are happy and relaxed, the current owners have spent a considerable amount on the premises in terms of décor and fixtures and fittings to ensure the correct atmosphere is achieved. This level of service is further demonstrated by the very high levels of repeat business and referrals the business enjoys from family and friends of previous clients.
Key Strengths:
This business prides itself on the excellent levels of service it provides, every customer is made to feel very special and the business receives many letters of appreciation throughout the year. The boutique has earned itself a highly regarded name and such is the reputation of this business that brides-to-be and their relatives travel from as far a-field as Cork to purchase from the tremendous range of stylish and elegant bridal gowns, bridesmaids dresses and accessories.
The experienced staff provides expert advice on dress styles and shapes and carry out alterations to create the exact fit for the perfect wedding dress. All this ensures customers have a truly pleasurable experience.
Growth and Expansion:
This business has an excellent market outlook; Bridal Wear is recession proof with brides-to-be and their parents and partners happy to invest on their outfits for the big day. A new owner could have the capacity to potentially double the turnover simply by adding more bridal wear ranges and possibly introducing the sale and hire of formal menswear and attire for the groom. This would represent a natural development to a new owner as they already have a captive audience for the bridal wedding requirements and the premises are large enough to cope with additional stock.
Employees:
The owner/manager overseas the business and is ably assisted by the following members of staff all of whom have a great deal of experience within the industry.
• One Full Time Sales/ Seamstress
• One Part Time Sales
Advertising and Marketing:
The boutique has advertised in bridal magazines, at bridal fairs and in local papers. The business also has an informative website where it showcases a sample of the exclusive designer dresses, it also enjoys the best form of advertising for any business, word of mouth recommendations.
Premises:
Situated in an excellent geographical location, 30 minutes from Belfast, the store front has double display windows with recessed double doors. The spacious well fitted shop has an inviting interior, very tastefully decorated and provides a wonderful and comfortable location for the bride to be to indulge herself. The store is semi divided into three separate areas with changing/seating and bridal wear displays. There is carpeting throughout and is fitted with ceiling track lighting. There is an office, staff kitchen and WC.
One room is currently used by the seamstress for alterations and storage. The premises have the potential to be re-arranged as required.
Directly outside there is plenty of on street car parking available plus more around the corner.
Leasehold the rent is £12,000 per annum with rates of £2,750 per annum.
Business Hours:
By appointment only
Tuesday – Saturday: 10am – 5pm
Thursday: Late opening till 9pm
Financial Information:
The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.
Turnover is circa £115,000 per annum with Gross Profit of 61.74%.
Reason for Sale:
The owner now wants to concentrate on other interests.
Support and Training:
Training will be provided for the new owner | | | | | | FOR SALE | | | | | SELLER: | TURNER BUTLER | | CONTACT: | 01895 25 6000 | | REFERENCE: | AB114 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
