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High-Profile Bridal Boutique with Designer Exclusivity in Sutton Coldfield for Sale

Sutton Coldfield, West Midlands
Bridal Boutique in Sutton Coldfield for Sale Photo 1
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Bridal Boutique in Sutton Coldfield for Sale
  • Status

    FOR SALE

  • Date Submitted:

    02/04/24

  • Advert ID

    609101

  • Reference

    bridalapril24 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £39,950 (Stock at valuation)
  • Rent: £13,000
  • Turnover: Not Applicable
  • Net Profit: On request

Key Features

  • Established Business
  • Attractive Business
  • Offers Invited
  • Fully Fitted
  • Prime Location
  • Small Business
  • Accounts Available
  • New Lease
  • Price Reduced
  • Open Plan Trading Area

Business Details

Bridal Boutique in Sutton Coldfield for Sale

City Business Brokers are delighted to bring to the market this well-established Bridal Boutique which enjoys all the considerable commercial advantages of a fantastic high profile trading position within a superb location. Situated on a very busy road with lots of organic exposure. It’s rare to find a property of such size and scale for such reasonable annual rent. The stock is all current.

Other highlights to note: 

• Only bridal shop in the area
• Good location – situated on a main road with many well established businesses nearby – high footfall and closely accessible to various public transport links plus the added benefit ample parking for customers
• Stellar reputation with designer labels / brands that are exclusively available to the boutique with watertight exclusivity agreements 

The business was established over 14 years ago and has been in the careful ownership of our client ever since, and now only comes onto the market due to our client’s change of circumstances and relocation due to health. 

Operating from a substantial, secure, and extremely well-fitted, two storey premises, the business currently primarily conducts a popular retail operation of an extensive selection of bridal gowns, prom dresses and associated accessories all displayed to its very best advantage in a bright, spacious, and well-appointed showroom area. The business has been finished to a high standard, with beautiful luxurious marble flooring and spotlight ceilings throughout. 

The business prides itself on offering a VIP experience to its customers and has an extensive selection of wedding dresses from top International and UK designers, as well as Prom and occasion-wear (all sought after labels that are hard to secure). From a reputational standpoint, the business is exemplary – customer reviews on all channels are 5* and the entire team are consistently recognised for their stellar service, which particularly in this industry is a huge benefit as it is heavily driven by word of mouth. The reputation of this business is incredible. 

It is important to note the business has now started an alterations service which has added value with customer service as well as a good profit stream. The business is completely scalable and has not been operating to its full potential due to clients circumstances. 

Trading Hours: 5 days – Flexible hours
Staff: Staff run due to owners’ health issue.
Rent: currently £1061 per month
Business Rates: Zero
Lease:   Current lease expires August 2025; a new lease is also available.
Turnover: £140000 pa.

Property Description:
The Bridal Showroom is located on a busy road with plenty of footfall. The second floor leads to another sales and display area, and a second room which can be sublet for Beauty treatments (currently used for storage) and an alterations studio. 

Inside the shop there is a stunning array of wedding dresses and other accessories displayed in an open plan fashion. The business is well-fitted throughout and a valuable inventory of equipment is to be included in the sale price.

The sale comes complete with all fixtures, fittings, furniture, and equipment and a valuable inventory of stock. The business comes complete with two websites (one is totally ecommerce) as well as all the social media platforms you would expect with a successful operation.

Opportunities:

• Offer late-night appointments
• Carry out Wedding Fayres
• Offer Bridesmaid dresses as well as Mother of the Bride outfits & suit hire 

It is important to note the owner heavily depends on staff due to her recent illness, hence the reason for sale. The owner only works approx. 15 hours per week, if this business was solely owner run and according to the owner the business will pay up to £3000 a month wage/profit.

Note: This is a perfect ‘first business’ opportunity, with a low-cost base. It can be owner-run with a Saturday part-timer due to the intimate style of selling (clients are seen 1:1 and because of this conversion is significantly higher) A full profile is available once a non-disclosure agreement has been signed.

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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The data showed regarding this advert 'Bridal Boutique in Sutton Coldfield for Sale - bridalapril24 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.