Bridal wear boutique for sale in Leeds with a long-standing reputation and prime location.
Leeds, West YorkshireEst. 80 years
- Status
FOR SALE
- Advert ID
657834
- Reference
591771 / Rightbiz
- Call Agent:
- Leasehold: £29,950
- Turnover: £71,650 (£1,378 per week)
- Profit: Not Applicable
Business Details
Bridal Wear For Sale in Leeds
BRIDAL WEAR BUSINESS in Leeds for Sale.An exceptional opportunity to acquire one of Leeds’ most established and respected bridal boutiques. Occupying a prominent trading position with the benefit of a large public car park adjacent to the premises, The business has built an outstanding reputation for exceptional service, quality designer gowns and expert bridal advice for over more than 80 years.
The business enjoys a strong presence across Yorkshire and beyond, offering an extensive range of off-the-peg and made-to-order wedding gowns from leading designer labels. Currently operated in easy hours over three days per week, plus Saturdays by appointment only, the business offers clear scope to increase turnover through extended trading hours. Annual turnover £71,650.
Offered for sale solely due to the owner’s commitment to other business ventures, this represents an excellent opportunity for a new owner to acquire a well-established and highly regarded bridal boutique. Additional growth opportunities include reintroducing the in-house alterations service, which was paused during the seamstress’ maternity leave, creating an immediate opportunity for additional revenue. Further potential exists to expand the range of bridesmaid and mother-of-the-bride dresses, increasing spend per customer and strengthening the boutique’s comprehensive wedding offering.
The premises briefly comprise well presented double fronted showroom, reception area leading to two good sized dress retail areas with seating area and fitting rooms in each. Office, staff kitchen and WC.
The business provides substantial untapped potential. A purchaser could immediately benefit from extending trading hours, reinstating the profitable alterations service and increasing the range of bridesmaid and occasion wear stock. These initiatives, coupled with the boutique's long-established reputation and prime location, offer a strong platform for future growth and increased profitability. EPC Band B.
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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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