Leasehold Business for sale £40,000 + stock at value.
• Confidential Sale.
• Highly regarded Bridal Wear Business.
• Lancashire / Merseyside border.
• Established over 20 years.
• Sought after High Street location with high footfall.
• Enviable reputation.
• Turnover of £110,000pa. 48% gross profit.
• Low overheads
• Exclusivity of a number of major brands.
• Rent £620 per month, new lease to be assigned, no business rates payable.
• Opening Hours Monday to Friday 10 am to 5pm, Saturday 9am to 5pm, Sunday closed.
Aspire ( Business and Company Sales Specialists ) are delighted to offer for sale this highly regarded and sought after Bridal Wear Business within the Lancashire / Merseyside borders. The leasehold business occupies a desirable trading position on a busy high street, surrounded by numerous quality shops and other independent businesses which generate a high daily footfall and much passing trade. This is very much a destination shopping area with ample free car parking in the vicinity and an affluent customer base.
The Bridal Wear business has been established for over 20 years and has built up an enviable reputation throughout the local area. This confidential sale has only come to market due to future retirement. The business is the longest established in the area and boasts exclusivity for a number of major and highly significant bridal wear brands.
Currently the business is run at a pace to suit our client and generates an annual turnover of £110,000 with a 48% gross profit. There is infinite scope to increase turnover further through introducing a wider product range such as Mother of the Bride outfits, Prom Wear, Accessories, Hire Garments or even offering more footwear. In addition there is scope to develop the internet presence from the basic brochure website at present to engaging in social media, pro-active marketing and attending Wedding Fairs if desired.
The leasehold premises extend over two floors and have undergone a recent full refurbishment with spacious retail display areas as well as more private consultation and changing areas.
This is a unique opportunity to purchase such a well-established and highly regarded bridal wear business in such a desirable trading location, with low overheads. Early discussions with Aspire, in confidence, must come highly recommended. Finance available. Reference 1852. Phone 01257 440544. www.aspirebusinesses.co.uk