Bridal Shop for Sale in Worcestershire Operating Since 1999
Undisclosed, Worcestershire
- Status
FOR SALE
- Advert ID
650820
- Leasehold: £34,995 (Stock at valuation)
- Rent: £13,500 (£1,125 per month)
- Turnover: On request
- Profit: On request
Key Features
- Bridal gown alterations services
- Elegant boutique design
- Essential viewing recommended
- Strong social media presence
Business Details
Bridal Shop for sale in Worcestershire.
Bridal Shop located in Worcestershire.
Established since 1999. Business has been operating for 27 years.
Present owner:
Owned for 8 years. Selling due to a change in career direction.
Information on Rent/Rates/Lease:
Rent: £13,500 per annum
Rates: Small business rates relief (exempt from rates)
Lease expiry date: 27th June 2028
Approximately 2 years left to run
Location:
City Centre location.
Housed in a beautiful building in Worcestershire.
The ground floor retail space is a spacious, elegantly designed space, and there is room to showcase the current collections of an extensive range of bridal stock. The in-house seamstress carries out fittings on the ground floor. There is a WC and office/workshop space located to the rear of the ground floor with a small kitchenette.
The first floor houses further bridal stock (includes an area of "off the peg" sale stock). To the back of the first floor, there is a large, private fitting room large enough to house a party of 5. An inspiring space to attract those wanting privacy. It is a luxury shopping experience within a relaxing, and truly intimate space.
The second floor is another fitting room to allow for a party of 4. It is again a private space, and allows the customers to relax with their friends/family when visiting the boutique.
Stocks globally renowned bridal labels (to be disclosed during the due diligence process).
Strong local presence. The business benefits from its own website, and an online booking system. The owner has worked hard to establish a brand which is elegant, and quietly refined to focus on a friendly/welcoming customer experience.
An exciting opportunity to invest in a well known business established since 1999. Ideal turnkey business for an individual looking to change their working life and run/operate a lifestyle business.
Experienced in-house team:
In-house seamstress working 4 days per week.
Sales consultant working 3 days per week.
Owner-operator could work in the business.
Links made with local venues:
Attends wedding fayres at numerous wedding fayres in the region.
The owner has networked, and made links with a large network of local wedding suppliers.
Social media presence:
Instagram - 2,102 followers
Facebook - 1, 200 followers
Tik Tok - 450 followers
Potential to grow the business:
Opening hours
The business has recently extended its opening hours to open 6 days per week:
Monday 09:30-17:00
Tuesday 09:30-17:00
Wednesday 09:30-17:00 (by appointment only)
Thursday 09:30-17:00 (by appointment only)
Friday 09:30-17:00
Saturday 09:00-17:00
Sunday (closed)
There is an opportunity for the buyer to introduce a late night opening during the week.
Wedding fayres
The owners has used her own customer database, and wedding industry contacts to run a successful wedding fayre. There is potential to hold more wedding fayres, by linking up with local wedding venues who do not have an in-house team to run their own wedding fayres.
Bridesmaids’ dresses
We do not stock bridesmaids’ dresses but this could be a potential revenue stream.
Other:
Buyer and seller to pay their own legal fees.
Handover period will be provided and negotiated with the buyer.
Listing Statistics
Advert Statistics Graph
Contact the seller for more details, or book a viewing
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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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