FOR SALE
653192
GO5086 / Rightbiz
ESTABLISHED BRIDAL BOUTIQUE
Confidential Business Sale
Worcestershire
OIRO £40,000 SAV
Business Reference: GO5086
LONG-ESTABLISHED BRIDAL BOUTIQUE WITH STRONG LOCAL REPUTATION
An opportunity to acquire a long-established bridal boutique located in Worcestershire.
The business has been trading for approximately 25 years and has developed a strong reputation within the local bridal and wedding sector. It benefits from an established customer base, recognised local presence, low staffing requirements and a manageable leasehold setup.
The boutique operates as a specialist bridalwear business, offering a personal, appointment-led service to brides. Its long trading history and reputation for customer service provide a strong foundation for an incoming owner to continue the business and develop it further.
The business is particularly well suited to a hands-on owner-operator, lifestyle buyer, existing bridalwear operator or fashion retail professional looking to acquire an established boutique with goodwill already in place.
The seller has advised strong profitability, with further financial information available following buyer qualification and NDA completion.
The business benefits from:
· Approximately 25 years trading history
· Worcester city centre location
· Strong local reputation within the bridal sector
· Established customer base
· Specialist bridalwear offering
· Appointment-led trading model
· Low staffing requirements
· One part-time member of staff
· Manageable leasehold premises
· Rent of approximately £695 per month
· Established website and social media presence
· Stock available separately at valuation
· Clear scope for growth under a proactive new owner
· Genuine sale due to other business interests
BUSINESS HIGHLIGHTS
· Long-established bridal boutique
· Approximately 25 years of trading history
· Located in Worcestershire
· Strong local bridal sector reputation
· Established customer base
· Low staffing requirements
· Manageable leasehold premises
· Current rent circa £8,340 per annum
· Stock available separately at valuation
· Suitable for a hands-on owner-operator or existing bridalwear operator
FINANCIAL OVERVIEW
Turnover: circa £105,000
Net Profit: circa £58,000
Tenure: Leasehold
Rent: Circa £695 per month / £8,340 per annum
Asking Price: OIRO £40,000 SAV
Stock: Available separately at valuation
Further financial information can be made available following initial discussions, buyer qualification and NDA completion.
GROWTH POTENTIAL
The business offers clear scope for future growth under a proactive new owner.
Potential opportunities include increasing social media activity, improving online visibility, expanding bridalwear ranges, developing accessory sales, introducing bridesmaid or occasion wear ranges, attending bridal exhibitions and building relationships with local wedding venues and complementary suppliers.
The business already benefits from a long trading history, established name and existing goodwill, giving a purchaser a solid platform from which to continue and grow.
NEXT STEPS
All enquiries are strictly confidential.
Further information will only be released to genuinely interested parties following appropriate buyer qualification and completion of a Non-Disclosure Agreement.
Goodwins Business Brokers
1 Phoenix Riverside, Sheffield Road, Rotherham, S60 1FL
Tel: 0330 236 7030
Email: [email protected]
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
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.
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.
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.'.
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.
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
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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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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