Bridal shop for sale in Wimbledon London with made-to-measure gowns and accessories.
Wimbledon, London
- Status
FOR SALE
- Advert ID
640674
- Leasehold: £145,000
- Turnover: £500,000 (£9,615 per week)
- Profit: On request
Business Details
Established Bridal Shop for sale in Wimbledon London
With a stellar reputation in the bridal industry, this well-established business has become a cherished destination for brides seeking the perfect gown. Stocking a selection of three renowned designers, the shop excels in providing made-to-measure services, ensuring that each bride’s unique vision is beautifully realised. Additionally, the shop offers an extensive range of bridal accessories to complement each gown, creating a comprehensive shopping experience.
The showroom is impressively designed, featuring an extensive collection of elegant bridal gowns that showcase intricate lace and meticulous detailing. With a spacious and well-organised layout, clients can browse comfortably, making the experience both enjoyable and memorable. The modern fixtures and tasteful decor contribute to an inviting atmosphere, enhancing the overall appeal of the shop. Thanks to its established reputation, the business enjoys a loyal customer base and consistently receives positive reviews.
Looking to the future, there is significant potential for growth, particularly in expanding services such as alterations and additional accessory offerings. With 23 years of operation, the business has built a solid foundation in the industry, and the current ownership spans 17 years, reflecting a deep commitment to the craft and service.
All fixtures and fittings are included in the asking price, which presents an excellent leasehold opportunity. Financially, the business boasts a current turnover of £500,000, underscoring its profitability. While the owner is motivated to sell due to a family crisis, the shop continues to thrive with a dedicated team comprising two full-time employees, two on three-quarter time, one on Saturdays, and three self-employed staff members contributing to its success.
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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.
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Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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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.
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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.
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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.
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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.
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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.'.
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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.
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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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