Established 42-Year Bridal Boutique in Glasgow Boasting Excellent Reputation for Sale
City of Glasgow, Glasgow
- Status
FOR SALE
- Date Submitted:
16/02/22
- Advert ID
290692
- Reference
1688 / Rightbiz
- Call Agent:
- Leasehold: £395,000 (Stock at valuation)
- Rent: £33,000
- Turnover: Not Applicable
- Net Profit: Not Applicable
Key Features
- Town Centre location
- Close to Local Amenities
- Fully Fitted
- Established Business
Business Details
Fantastic Bridal Boutique with Excellent Reputation Established 42 Years
Central Business Sales is delighted to offer to the market an extremely rare opportunity to purchase a very well known bridal boutique that has been family run for over 40 years. The owners has built up a fantastic reputation over the years and benefit from a high volume of client referrals.
The business is built on the five star customer service the business offers from initial consultations through to the big day itself. The business offers a full range of wedding outfits, including bridal gowns to suit all styles and budgets, bridesmaid dresses and flower girl dresses. It also offers a range of accessories. The owners recently started to sell prom dresses, which have proved really popular, and see this as the easiest way to move the business forward. The business has a fantastic following on social media, which provides an excellent advertising avenue and scope for further growth.
The business is run from a fantastic double unit in the city centre. There are 2 units with large basement, totalling approximately 400m². The units are in stunning condition and offer a very relaxing area for the clients to browse and try on the dresses. There are several display areas and fitting rooms on the ground floor. The large basement has makes for a large stockroom but also has a workshop and an office area.
Offers in the region of £395,000 are invited for the lease, goodwill, equipment, fixtures and fittings. The business is being offered to the market on a leasehold basis with a brand new lease available. The rent is £33,000 per annum. The owners are happy to include a handover period to ensure a smooth transition to a new owner.
***PLEASE NOTE THIS IS A CONFIDENTIAL SALE PLEASE CONTACT THE OFFICE FOR MORE INFORMATION***
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Listing Statistics
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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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