An Established, Quality Bridal Boutique, Nottinghamshire 'For Sale'
Established 14 years ago, this exceptional bridal boutique enjoys an enviable reputation. The sale includes an excellent website and all social media accounts.
THE BUSINESS & PROPERTY DETAILS:
Location: Located in an affluent area, within easy reach of major locations within the East Midlands, the M1 Motorway, Ring Roads, tram lines and bus routes. Benefitting from both private parking to the rear, plus nearby on-road parking.
Business: The business is much more than a wedding store. Also on offer are additional services such as accessories (head-dresses, wedding shoes etc;) in house floral arrangements, tableware (centre pieces and prop hire), cleaning and storage of dresses, plus an in-house seamstress for those all-important alterations are all on offer.
Potential: Further income streams are possible. For example, the introduction of Bridesmaids dresses, Mother of the Bride outfits, Groom and groomsmen’s wear, forging partnerships with linked business such as limousine companies and venues etc; Whilst the number of social media followers and reviews are impressive, this business very much lends itself to increasing this further.
Sales: Average turnover for the past 3 years (2022 to 2024) is £178,000.
Trading Hours: By appointment only. Regular trading hours were kept up until a years ago. The vendor has chosen to work by appointment only due to a change in her circumstances over the past year.
Summary: This is a beautiful bridal boutique with an excellent trading history. Great customer service and a love for fashion is key in this industry. Ideally suited to someone wanting flexible hours, perhaps a partnership; flexible working hours, high profit margin, beautiful products to work with, the ability to manoeuvre the business into different directions and much more.
Stock: To be taken at value. Estimated value £30,000 - £35,000. The vendor is negotiable on the percentage of stock purchased.
Staff: Currently 1 vendor working on an appointment only basis, plus 1 part time dress maker (not salaried). In the past the business operated with 1 vendor plus 1 member of staff, having set opening times plus private fittings.
Training: The sale includes a comprehensive 2-week handover with the vendor. If required, the vendor will continue to work part time (subject to renumeration, terms to be agreed).
Tenure: Leasehold. New lease to be issued unless the purchaser wishes to relocate the business to another location.
Please complete the enquiry form for the full details.
