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Business for sale in United Kingdom - Ab168-exclusive retailer of designer bridalwear, bridesmaids, mother of bride, shoes & accessories-cheshire

Asking Price: 190,000 £ Real Estate: Lease
Sales Revenue: 338,000 £
Net Profit: 70,000 £
Year Established: 2000
Employees: 2FT, 1PT
# of family members employed: Not Disclosed
Location criteria:
United Kingdom/County of Cheshire/Cheshire

Business types:

Retail

Business categories:

Bridal Shops ; Clothing & Accessory Stores

Business description

this family run business, established by the current vendors back in 2000  retails  a comprehensive range of wedding wear catering for the bride, bridesmaids and mother of the bride as well as offering associated accessories including shoes, veils, tiaras, hats etc.

 

the business has developed in such a way so that it has a  wide range of exclusive designs from many of the leading bridal designers from both the uk and abroad.

 

customers can choose from a genuinely superb selection of bridal gowns from many of the leading designers whose breathtaking gowns make up the wonderful collection on offer.  

 

it is this choice that ensures the business enjoys growing sales revenues year on year and gives it a real edge in the market it serves so well.  

 

the business  offers a complete service within an intimate setting with advice readily avaialble  from expereinced staff, a good choice of gowns in stock in terms of both design and size, as well as on site fitting and alterations.

 

the business is in touch with all the key designers and has exclusive supply agreements with eight of the top ten designers in the country. The company carries an excellent stock of wedding gowns and  has just as impressive a selection of bridesmaid dresses. With separate and personal fitting and viewing areas customers receive all the help and service required from professional and attentive staff. The store has its own on-site workroom on hand for those special touches.

 

equipment:

 

the business has a fully equipped workroom with professional pressing and alterations equipment as you would expect. All fixtures and fittings are included within the sale.

 

customer service:

 

because of the nature of its work customer service is at the centre of everything the business does. The business has received  superb testimonials from satisfied clients over the years and continues to  receive them today. It is critical that brides to be are at ease and comfortable when selecting their gown. The current owners have spent a considerable amount on the premises in terms of décor and fixtures and fittings to ensure the correct ambience is achieved. This level of service is further demonstrated by the very high levels of referrals the business enjoys from family and friends of previous clients.

 

key strengths:

 

established in 2000, this company’s tremendous range of sort after bridal gowns, bridesmaid and mother of bride  outfits is unrivalled in cheshire.

 

the firm's highly skilled staff can provide expert advice on dress styles and shapes and carry out alterations to create the exact fit for the perfect wedding dress. All this ensures customers have a truly pleasurable experience while choosing their wedding dress.

 

virtually every item of clothing required by brides, bridesmaids and their mothers including hats, tiaras, veils and shoes are available. All ages and types of ceremony are catered for.

 

this business has built up an enviable reputation in the market in a relatively short period of time. This is reflected by the business being nominated for awards from the british bridal association. Because of the unrivalled level of choice and the levels of service provided the business enjoys a customer base that scans the whole of the north west region and beyond. Most people plan their big day well in advance so the business enjoys positive cash flows and a healthy order book.

 

key opportunities:

 

there are many new opportunities available to a new owner not least the further development of  the premises to expand the showroom and retail, areas within the current footprint. The business could also increase the levels of alterations work it currently undertakes.

 

 the vendor feels that further exposure at the bridal shows would also bring in significant new levels of business, as would the possibility of expanding into the hire/sales of groom attire and accessories as the business already has a captive audience.

 

 

Additional information

Additional information: Not Disclosed
Support & training: The owners will provide full business familiarisation, training and handover as required to ensure a smooth transfer of the business to new owners
Reasons for selling: One of the partners is looking to retire.
Financing available: Not Disclosed
Inventory / Stock value: Not Disclosed

Real Estate

Ownership: no
Lease: yes
Lease terms: Not Disclosed
Location: The business is currently run from superb freehold retail premises, ideally located on a busy high street in the centre of a historical destination town. Because of its location and reputation it enjoys very high footfall levels. The freehold value is circa £250,000. The business is currently located over 2 floors comprising showrooms, displays, large private changing and fitting areas, bathroom, workroom, kitchen and storage areas. Total area is circa 1281sq ft. The premises are very tastefully decorated and provide a wonderful and comfortable location for the bride to be to indulge herself. Current rates are circa £4171p.a.

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