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Business for sale in United Kingdom - Ab164-bridal and men s formal wear hire shop-norfolk

Asking Price: 80,000 £ Real Estate: Lease
Sales Revenue: 200,000 £
Net Profit: 1 £
Year Established: 2001
Employees: 2FT, 3PT
# of family members employed: Not Disclosed
Location criteria:
United Kingdom/County of Norfolk/Norfolk

Business types:

Retail

Business categories:

Bridal Shops ; Clothing & Accessory Stores ; Other Retail Trade

Business description

turner butler are delighted to be appointed as sole selling agents for this exciting business opportunity which has never been brought to the market for sale before. The setting and location of this business work very well together, facing a major arterial road to the centre of this large city, and yet just 10 minutes walk from its very centre. This interesting large double fronted shop dominates the bank of shops where it is located, and enjoys the benefit of plentiful parking right outside the shop, along with a private car park to the rear. For an impression of experiencing the ambience of the shop, think large open comfortable areas to browse, with tall ceilings, large open window displays looking through very large windows, and a general feeling of calm and elegance. Inside this unique studio there is always a warm welcome from the experienced and friendly staff, who happily assist their discerning customers, both ladies and gentlemen, by helping them to find their dream gown or wedding outfit and offering them a completely personal one-to-one service. Gowns are exquisite, with an extensive collection of page boy, bridesmaid and evening wear in a fantastic array of colours, suitable for any age and every style of wedding, whether it be on the beach, a romantic fairytale or in the local registry office. Offering a friendly, personal service to a wide range of clientele this business has established a healthy and solid platform since its inception in 2001, and this looks set to continue into the future. The business offers a full range of bridal wear, gentlemen’s formal wear hire and accessories aimed at the higher end of the market. All very well presented, this exclusive retailer of several leading design houses, offers exquisite gowns and formal clothing which attract customers from a wide area. The business has built up extremely good relationships with their alternative chosen designers whilst representing probably the strongest brand image in the european bridal wear marketplace. Highly recommended and regarded, customers travel extensively to buy from this exclusive business which, to their customers, has become norfolk’s premier bridal studio. The enterprise has earned an outstanding reputation for its beautiful gowns, quality products, knowledgeable, helpful staff, expansive and roomy showroom/studio, relaxed atmosphere, lovely decor, convenient hours, easily accessible location and reasonable prices. This establishment maintains an extensive repeat base of clientele including their families and friends who appreciate one-stop wedding shopping, quality attire, great selection, superior personalized service and value. Equipment: the company owns and maintains an inventory of equipment, machinery plus fixtures and fittings. All such inventory is expected to be included in a successful sales package. Customer service: • the shops offer an excellent and unparalleled level of customer service. • stocking a wide range of beautiful styles. • many variations on styles allowing brides to create their perfect dress. • no pressure selling - they have never needed to! • extending a welcoming & relaxing environment to the bride to be • presenting specially chosen accessories so brides discover an elusive piece key strengths: • reliability and capability • enviable large shop location. • top designers • a reputation for excellent customer service • a reputation for flattering designs. • excellent & informative website

Additional information

Additional information: Not Disclosed
Support & training: Full support and any necessary training will be provided during handover as part of a successful sale package.
Reasons for selling: This is a genuine retirement sale.
Financing available: Not Disclosed
Inventory / Stock value: Not Disclosed

Real Estate

Ownership: no
Lease: yes
Lease terms: The current lease runs until approximately 2016, and rental is currently coming in at circa £30,000 per annum.
Location: The leasehold premises are connected to all main utilities apart from Gas and extend to approximately 2,500 square feet over the ground floor and basement accommodation. Whilst the basement area is currently being utilised for storage of unsold and sold stock, the air conditioned ground floor contains several key areas necessary for the smooth operation of the business on a daily basis. The ground floor accommodation briefly includes:- • Large open Bridal Wear Studio complete with large Mirrors and 4 large Changing Rooms • Large Mens Formal Wear area including 3 Changing Rooms • Staff and Preparation Room • Seamstress Room • Office • Toilet The current lease runs until approximately 2016, and rental is currently coming in at circa £30,000 per annum.

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