Designer Bridal Wear Collection And Accessories Shop For Sale

Business description

This exciting and growing business was established by its owner in 2001 and grew from a business that traded exclusively in bridal accessories. Demand was such that the company started to retail bridal wear and now carries a broad range of designer gowns three of which are exclusive to them and have proved extremely popular.

They also sell costume jewellery, tiaras and veils, prom gowns, and bridesmaids and flower girls dresses.

Its location close to the city centre provides the best of all worlds, easy access, available parking and affordable overheads. Clients are seen by appointment only. This underlines the owner’s policy of making the buying process as pleasurable as possible and giving the bride to be the very best of customer care.

Equipment:

Due to the nature of the business and their experience of supply and demand there is no need for a computerised stock control system. Much of the stock is purchased direct from suppliers whose agents are regular callers to the business.

Customer Service:

Customer service is probably more important in this market place than any other sector and reputations are built and lost on how good the customer care is. This company has achieved its reputation through the application of three key skills. Careful stock selection, impeccable client care, and good sales practice. The net result is a high percentage of clients come to them by recommendation and testimonials are available for all to view.


Key Strengths:

Good main road location with available parking
Exclusive supplier arrangements
Strong reputation
Sound financials

Financial Information:

The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.

Property information

Property:

Leasehold

Lease terms:

The annual rental is presently £10,000.

Location:

The premises are located on a main road site in a secondary retail area right on the edge of the city centre. The property is owned by a local developer and the lease will be renewed for the purchaser. The annual rental is presently £10,000.

Other information

Expansion potential:

There is a good opportunity to expand this business by introducing ranges to meet the mother of the bride market and groom, best man and ushers sector. The business model could be replicated in adjacent tons in West Wales.

Competition / Market:

The business has invested in its own web site, advertises in local papers and Yellow Pages and has a stand at selected bridal fairs.

Support & training:

A full professional and seamless handover will be available to the purchaser for a period to be agreed as part of the overall sales negotiations.

Reasons for selling:

The owner has reluctantly decided to part with the business due to health reasons but would be delighted to remain associated with the company is a sales or consultancy capacity if required.