Affluent area of South West London with good footfall
Well-established and profitable business with extensive customer base and CRM
Fantastic opportunity to further grow a Company with exceptional branding
Track record of profits and strong social media in place
Description
Business Monkey are delighted to offer for sale a high-end and beautifully presented bridal wear shop in Fulham, South West London.
Founded in 2016, by two experienced business professionals with over 15 years of experience in the wedding industry. The business distinguishes itself from other bridal shops, offering a unique and welcoming experience by creating a fashion forward yet relaxed environment in-store, a stylish and contemporary interior and a team of friendly and knowledgeable staff. The customer-focused approach is reflected in many 5-star Google reviews, which has helped to build a loyal customer base.
With a track record of success, the sale represents an exciting investment opportunity within the wedding industry; with an established brand, strong online presence and loyal customer base, it is well-positioned to continue its growth trajectory and expand its offering to meet the evolving needs of the market.
The Instagram presence is a testament to the companys success in the bridal industry, with just shy of 11,000 followers, making it one of the most popular bridal stores in London on this platform. Their strategic use of social media has helped to build a strong brand identity and reach a broader audience of potential customers, while also providing a valuable channel for engagement and feedback.
The stylishly decorated space has a main shop floor upstairs, currently divided into a retail area and on the mezzanine a large changing room. Downstairs there is a 2nd large changing room, a kitchen, a bathroom and office space which is divided into 2 and used as retail for the sample sale dresses.
The business comes with a state-of-the-art custom built CRM system designed to maximise staff efficiency and streamline the customer journey. With multiple automated emails triggered by key touchpoints in the sales process, to ensure every customer receives personalised attention and support, resulting in a seamless and enjoyable experience. The CRM system is a critical part of the companys strategy for delivering exceptional customer service and building long-term relationships with clients.
The rent is fixed at £19,500 P/A for another 3 years with professional and supportive landlords.
Potential to also purchase the accessories part of the business
Handover period offered by the Directors of the Company
Annual Turnover: £137,000