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Bridal Boutique With Additional Outlet In Worcestershire For Sale

United Kingdom, Worcestershire, UK
Asking Price:
£130,000 Furniture / Fixtures included
Turnover:
£200,000
Net Profit:
£50K - £100K

City Business Brokers are pleased to bring to the market this very well-established concern which enjoys all the considerable commercial advantages of a fantastic trading positions within a good area of Worcestershire the shops have been in business for many years, and this is a genuine retirement sale.

The business is well-known for its personal service and range of designer gowns.

Operating from two substantial, secure and extremely well-fitted premises, the Boutique business currently primarily conducts a popular retail operation of an extensive selection of bridal gowns, bridesmaid dresses and associated accessories all displayed to its very best advantage in a bright, spacious and well-appointed showroom areas. The other outlet offers “off the peg “dresses at very competitive prices … Two Businesses covering all demands!

The sale comes complete with all fixtures, fittings and equipment with £50000 current stock included

This is an ideal opportunity to purchase “Lifestyle” businesses with scope for further growth and viewing is highly recommended.

Property Description: This Bridal Boutique is located on a busy thoroughfare and is in near the other outlet.

The entrance into the Boutique leads to the main sales and display area. Inside the shop there is a stunning array of wedding dresses and other accessories displayed around the shop in an open plan fashion. Attractive window displays help attract customers into the showroom. The business is well-fitted throughout and a valuable inventory of equipment is to be included in the sale price.

The other outlet also has a large array of dresses as well as ancillary items associated with a Bridal Shop.

The outlet is located around ½ mile from the Boutique.

Financial Information: The current turnover combined for both shops is over £200000 per annum.

Rent: The rent equates to £20000 per annum.for the two properties

Lease: The current lease has 18 months remaining, new leases are available.

Business rates: £2500 per annum.

Trading Hours: 5 days 10am-5 pm, late night on Tuesdays.

Property Information

Property:

Leasehold

Premises Details:

Boutique and off the Peg unit - 2 locations

Business Operation

Expansion Potential:

Great opportunities to grow

Reasons for selling:

Retirement

Trading hours:

Appointment only

Employees:
1ft 1pt

Other Information

Support & training:

Handover period agreed

Financing available:

yes

Member ? This broker is part of BrokerCode, a BusinessesForSale.com initiative recognising brokers who commit to integrity, transparency, and professional standards.

This broker is part of BrokerCode, a BusinessesForSale.com initiative recognising brokers who commit to integrity, transparency, and professional standards.