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Luxurious Bridal & Evening Wear Shop with Exclusive Labels for Sale in Sutton Coldfield, West Midlands

Sutton Coldfield, West Midlands
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Luxurious bridal & evening wear shop for sale in Sutton coldfield Photo 1
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Luxurious bridal & evening wear shop for sale in Sutton coldfieldLuxurious bridal & evening wear shop for sale in Sutton coldfieldLuxurious bridal & evening wear shop for sale in Sutton coldfieldLuxurious bridal & evening wear shop for sale in Sutton coldfieldLuxurious bridal & evening wear shop for sale in Sutton coldfieldLuxurious bridal & evening wear shop for sale in Sutton coldfieldLuxurious bridal & evening wear shop for sale in Sutton coldfieldLuxurious bridal & evening wear shop for sale in Sutton coldfieldLuxurious bridal & evening wear shop for sale in Sutton coldfieldLuxurious bridal & evening wear shop for sale in Sutton coldfieldLuxurious bridal & evening wear shop for sale in Sutton coldfieldLuxurious bridal & evening wear shop for sale in Sutton coldfieldLuxurious bridal & evening wear shop for sale in Sutton coldfieldLuxurious bridal & evening wear shop for sale in Sutton coldfield
  • Status

    FOR SALE

  • Advert ID

    616777

  • Leasehold: £39,000 (Stock at valuation)
  • Rent: £12,732 (£1,061 per month)
  • Turnover: £145,000 (£2,788 per week)
  • Profit: On request

Key Features

  • Close to Local Amenities
  • Small Business
  • New Lease
  • Fully Fitted

Business Details

Luxurious bridal & evening wear shop for sale in Sutton coldfield

Beautiful established Bridal shop for sale which boasts considerable commercial advantages of a fantastic high profile trading position within a superb location. Situated on a very busy road with lots of 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
• Great location – situated on a main road with many well established businesses nearby including tescos and Aldi -  high footfall and closely accessible to various public transport links plus the added benefit ample parking for customers
• Stocking sought after designer labels that are exclusively available to the boutique with exclusivity agreements 

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

Operating from an extremely well-fitted, two storey premises, the business currently primarily retails an extensive collection 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 and bespoke made units to house the gowns. 

The business prides itself on providing excellent customer service with most of its business from recommendations and word of mouth, the business houses an extensive selection of wedding dresses from top International and UK designers, as well as Prom and occasion-wear from great designers , the business is exemplary – customer reviews are excellent and the store is well known for its excellent reputation, winning multi awards 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 the owners circumstances. 

Trading Hours: 5 days – Flexible hours though the hours are often shorter due to the owner not working full time, therefore lots of scope to increase appointment times and availability.
Staff: Staff run due to owners’ health issue.
Rent: currently £1161 per month
Business Rates: Zero
Lease:   Current lease expires August 2025; a new lease is also available.
Turnover: on request 

Stock : on valuation (currently around £40,000)but can be lowered by owner selling off any unwanted stock

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 has previously been 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  two websites 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 it 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 

A full set of accounts will be shown upon a viewing  (proof of finances to fund the purchase will be requested before a viewing is arranged)

Points to note:

Designer labels within the bridal industry are very hard to secure, not only does the boutique have some very sought after labels but this also means no other bridal store (new or existing) can stock these labels within a 10-15 mile radius. It is very hard for new stores to secure reputable designer labels.

The boutique has lots of returning customers all be it from current or past brides word of mouth, but also their prom clientele returning a few years later to purchase their bridal gowns.

The business is the dream job for anybody who loves the bridal industry, creating lots of opportunities to travel and experience buying in so many interesting exhibitions with lots of other perks!

The current owner is keen to agree a quick sale due to other business commitments and relocating aside of her health issues.

REDUCED RECENTLY FOR QUICK SALE 

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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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