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Stunning Bridal Wear Business

Undisclosed, Warwickshire
Leasehold Price:
£44,999
Status
FOR SALE
Advert ID
250934
Reference
B05606 / Rightbiz
Business
VIEWINGS STRICTLY VIA HILTON SMYTHE

Hilton Smythe are pleased to have been given the opportunity to manage the sale of this wonderful bridal wear shop which is well established with a renowned reputation amongst local residents. This is a superb opportunity to take on a popular local business in an area teeming with customers.

Alas, this lovely little business is now being sold albeit reluctantly and with a heavy heart only due to personal circumstances.  Our client is keen to see her beloved bridal wear shop pass to an ambitious and entrepreneurial new owner who can take this already thriving business to the next level.

The business also stocks a range of designer dresses, all of the bridal designers hold stock so the business can often get their customers dresses quickly. The vendor travels to exhibitions to view the new collections. Approximately 8 new dresses are ordered from each designer per season.

The sale will include the company website and Facebook, Twitter, Instagram and Pinterest pages and the business enjoys great visibility on the internet.  Also included will be a bespoke order system and an online diary system.

 

 

 

 

 

 

 

 

 

Scope to improve

  • Advertising and marketing campaign
  • Extend the opening hours
  • Attend wedding fairs
  • Introduce a complimentary range of products
Reasons to Buy

  • A well-established business with an enviable reputation and many satisfied customers
  • Ideal owner managed or partnership business
  • A real opportunity to increase turnover and profits significantly, current owner has been running at a pace to suit.
  • All fixtures and fittings included making this a real ‘Turnkey ‘business opportunity
  • Current owner happy to offer a handover to ensure the continued success
Hilton Smythe highly advise early viewing to avoid disappointment.



Location
This wonderful Bridal Wear business is located in Warwickshire.



Premises
The business occupies the ground floor of a detached brick-built building and is well laid out to suit the business needs, beautifully presented with perimeter rails for the display of dresses, large changing rooms and comfortable seating area.

Well equipped Kitchen

Toilet facilities

The premises are secured with a CCTV system with smartphone connectivity and a monitored alarm system.



Tenure
We are advised that the business is being sold as a leasehold business opportunity.

The existing lease has approximately 4 years remaining, and we are advised that the landlord would be happy to negotiate a mutually acceptable lease with a new owner.

The current rent is £23,000 per annum which is really reasonable given the size and location of the premises.

We are advised that the business benefits from being exempt from business rates.



Hours
To suit the business needs.



Staff
The business is run and managed by our client with the help of one full time and two part time members of staff.



Financial Profile
Please contact Hilton Smythe for further information.



Listing Details
Leasehold Price: £44,999
Tenure: Leasehold
Location: Undisclosed, Warwickshire
Sector: Bridal Wear Businesses, Wedding Service Businesses
Financials
Annual Turnover: £114,710
Contact Agent
Telephone: Upgrade to view
Agent Name: Upgrade to view
Advert Reference: B05606 / Rightbiz
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