Bridalwear business for sale in Clacton-on-Sea with showroom and loyal clientele
Clacton on Sea, Essex
- Status
FOR SALE
- Advert ID
653091
- Reference
R0145E / Rightbiz
- Call Agent:
- Leasehold: £24,995 (Stock at valuation)
- Rent: £12,000 (£1,000 per month)
- Turnover: On request
- Profit: On request
Key Features
- Accessible to local customers
- Established social media presence
- Affordable wholesale pricing
- Ample outdoor spaces
Business Details
WEDDING DRESS & BRIDALWEAR BUSINESS PRICE: £24,999 Plus SAV LOCATION: CLACTON ON SEA REF: R0145E
WEDDING DRESS & BRIDALWEAR BUSINESS
PRICE: £24,999 Plus SAV
LOCATION: CLACTON-ON-SEA
REF: R0145E
DESCRIPTION:
WEDDING DRESS & BRIDALWEAR BUSINESS trading from a spacious RETAIL SHOWROOM measuring approximately 1,350 SQ. FT. benefiting from a PRIVATE CUSTOMER CAR PARK, LARGE FORECOURT and a HUGE STOCK HOLDING. The business occupies a highly accessible location within CLACTON-ON-SEA and provides an inviting environment for bridal consultations and fittings. The business is COMPLETELY UNOPPOSED and has been ESTABLISHED SINCE THE 1990s, operating under the SAME OWNERSHIP FOR 21 YEARS. During this time, our client has built a HIGHLY ENVIABLE REPUTATION for quality products, excellent customer service and personal attention, resulting in a loyal customer base and regular referrals. The business has now been brought to market with a GENUINE REASON FOR SALE due to RETIREMENT. The extensive stock holding includes a wide range of wedding dresses and bridalwear to suit various tastes and budgets. Wedding dresses retail from approximately £300 TO £1,400, with an AVERAGE ORDER VALUE OF £1,200, whilst enjoying the HIGH GROSS PROFIT MARGINS typically associated with the bridalwear sector.
We believe there is UNCAPPED POTENTIAL to further increase revenues through the introduction of additional lines whilst opportunities also exist through the development of a comprehensive E-COMMERCE WEBSITE, enhanced social media marketing and the extension of current opening hours. The premises benefit from LOW OVERHEADS, and we understand that a NEW LEASE will be made available at an asking rental of ONLY £12,000 PER ANNUM, on FULL REPAIRING AND INSURING TERMS. This represents an outstanding opportunity to acquire a WELL-ESTABLISHED, FAMILY-RUN BUSINESS with an excellent reputation and significant growth potential. Businesses of this nature rarely become available on the open market. ESSEX AND SUFFOLK BUSINESS SALES are delighted to be instructed as sole agents in the sale of this business and strongly recommend that an EARLY VIEWING IS ADVISED.
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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.
Be safe, use a Rightbiz Solicitor
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