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Successful Family Run Bridal Boutique In Somerset For Sale

Taunton, Somerset
  • £90,000
  • (Furniture / Fixtures included)

Turnover:
£225,000
Net profit:
Available on request
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Based in the heart of Somerset this popular bridal shop was established over 21 years ago and is proud to be known as one of the South West's leading bridal boutiques. It's spacious shop floor and 8 changing rooms (3 large bridal, 2 medium prom rooms and 3 mens wear changing rooms) are warmly decorated and situated on the first floor in an intimate river side shopping area. Stocking several leading bridal designers there is also an impressive selection of prom and bridesmaid designers and men's formal, evening and highland wear hire, along with traditional bridal accessories. A popular websites have been established over the last 5 years and with interactive tools such as enquiry forms and a booking form for appointments it is a great 24 hour connection to our brides.

The business has been owned by three sets of owners in the past 21 years, each with a passion for the bridal industry and has expanded year after year, and believe this is the perfect opportunity to enter the bridal industry, with a well known, well respected bridal boutique. At present the business is running to a desired pace but there is room to add new designers, introduce new products if desired.

Viewing is strongly recommended and can be arranged by appointment only. This is a confidential sale, we would like to ask you to not contact the shop directly, or approach any member of staff or local business with reference to the subject above. Details of premises and location will be supplied upon request.

The price listed is for the business only, and stock is not included, at present the stock is valued between £55,000-£60,000



Property:
Leasehold
Location:
Intimate river side shopping area off the main high street.
Premises details:
Lease hold first floor premises with 8 changing rooms and office, with ground floor window on main walk way. Separate store rooms, kitchen and water closet on first floor.

Expansion potential:
There is the possibility of expanding into other areas of the bridal industry, including mother of the bride, bridal gifts and favors etc, if required.
Competition / Market:
Two local bridal shops within 5 minutes walking distance, both stocking higher budget bridal gowns, we have found over the years that the three bridal shops have worked well together and each have their own individual customer markets.
Reasons for selling:
Wanting to relocate closer to family.
Trading hours:
Monday - Friday 9.30am - 5pm
Saturday 9am - 5pm
Employees:
5
Years established:
22
Support & training:
If need be we can stay and help new owners settle in for a smooth transition and help at trade fairs if required.
Inventory / Stock value:
£55,000


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