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Businesses For Sale > Business For Sale in Tyneside/North East, UNITED KINGDOM - UK (UK)

AB245-Tyneside-125,000-Multi-Award Winning Designer Bridal Wear Boutique for sale in Tyneside/North East, UK

Tyneside/North East, UNITED KINGDOM - UK (UK)

Asking Price: Gross: Cash Flow:
£ 125,000 £ 306,000 Undisclosed

Business Summary:
Multi-Award Winning Designer Bridal Wear BoutiqueFull Fitting ServiceRef. AB245Location : Tyneside/North EastAsking price: OIRO 125,000 plus stock at valuation (circa 60,000)This business, set up by the current owner almost a decade ago, markets and sells bridalwear and accessories to a national audience throughout the uk. The business has positioned itself at the middle/upper end of the market it serves so well and provides a complete range of dresses and accessories to ensure any wedding day is a complete success, be it wedding dresses, bridesmaids dresses and headwear.The business prides itself on offering a complete service which helps guide the bride through the months prior to her big day and can offer advice and planning details from the first steps of such planning right up to the wedding, honeymoon and beyond!The business consistently strives for excellence and this is reflected in the quality and choice of gowns it carries in stock from well known and in demand designers, not to mention the many prestigious awards it was won. With separate and personal fitting and viewing areas customers receive all the help and service required from professional and attentive staff in beautiful surroundings.

 

   
Number of Employees: 02FT/02PT  
   
Facilities / Terms of Lease: The business is currently run from substantial leasehold retail premises, ideally located on a busy retail site. It is understood that the landlord would be happy to offer a new lease to a new owner. The premises are very tastefully decorated and provide a wonderful and comfortable location for the bride to be to indulge herself. Current rent is circa 13,000 p.a.  
   
Potential Growth/Expansion: Further development of the website represents an excellent opportunity for further growth and expansion as does a more aggressive sales and marketing campaign. Additional opening hours would also have a positive effect on turnover, especially Sunday trading with many clients willing to travel significant distances to try the latest designs and styles.  
   
Competition: Because the business has strong supply agreements with many of the designers it partners with it is very well supported by the designers own marketing campaigns. In saying that the business also advertises directly within the major national bridal wear magazines. The business also has its own website which illustrates those designers it represents. However most of its revenue is generated via word of mouth referrals, recommendations and the kudos/exposure its many awards generates.  
   
Owner willing to train: The owner will provide full business familiarisation, training and handover as required to ensure a smooth transfer of the business to new owners. This should be relatively straightforward as staff are highly skilled and knowledgeable.  
   
Seller Reference Number: AB245
BusinessMart.com Listing Number: 237760
 

 

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For more info contact:

Andrew Hudson

Turner Butler
01895 25 6000

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