Bridalwear with Potential for Working Owner
Price:
Leasehold - £25,000
Location:
South Yorkshire
Business Type:
Retail businesses, Service Businesses
STOCK: £90,000
HISTORY
The vendor has been in ownership for the last forty years. A well known and respected business throughout the area.
REASON FOR SALE
Vendor’s ill heath and retirement intentions.
PRODUCTS
The following ranges are sold:
• Bridal gowns
• Bridesmaids outfits
• Accessories and jewellery
• Shoes and handbags
• Race wear
• Prom wear
• Evening wear
Selling prices range from £30 - £1,000
SERVICES
A sub contracted alterations service
CUSTOMERS
Mainly from the local area with a high number of repeat and referral trade.
SUPPLIERS
Several exclusivity of supply agreements for well known and branded labels.
STRENGTHS
• Fully staff run
• Excellent location
• Sole supplier accounts
• Security
• Strong margins and sales
• Extremely well established
• Superb premises
• Option to purchase freehold in 5 years
SCOPE
• Working owner can increase profits immediately
• Attending Sunday shows
• Exhibiting at wedding fairs
• Late night opening
• Sunday opening via appointment
• Outfits for ‘Mother of the Bride’
• Hat hire
• Providing an in house alteration service. At present the sub contractor alteration bill is in the region of £20,000 per annum
• N.B. Overlocker /blind hemmers/Sewing machine/steam ironing board & commercial steamers included in the asking price
DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).
An Energy Performance Certificate will be made available upon request of further details where one is required for the business premises.
Prominent main road position in a South Yorkshire town with good links to the motorway network. Location benefits from free car parking.
A detached building laid out over two floors, beautifully refurbished and briefly comprising:
• Double glazing
• Superior flooring, lighting, jewellery cases and hanging systems
• Full Red Care system
• Full CCTV
• 3 Changing rooms downstairs
• External electric shutters
• First floor sales area with two fitting rooms and storage / work room
North Yorkshire
£ 750,000
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