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Exceptional Long-Established Bridal Boutique in Prestigious Location

Confidential Sale

West Midlands

Advert ref: 1036JRK

Business Partnership is pleased to bring to market this long-established bridal boutique operating from delightful high street premises in an historic market town on the border of Warwickshire and the West Midlands.
 
This has been a bridal shop for the last 25+ years serving brides locally as well as people from further afield, who travel long-distance to access highly sought after and well-known designers which this boutique stocks.

The business – largely referral led - holds a first class reputation for quality, style and service and boasts 5-star ratings on all social media channels as well as their own website. 

Stocking dresses that range from c £1,300-£3,000, the trading areas are luxurious and spacious, and this excellent business comes for sale with an established and lucrative name and an excellent website for any potential buyer.

The premises are charming and full of character and comprise windows to the high street frontage, display and showroom areas, 2 fitting rooms, storeroom, office, kitchen, toilet and secure parking for 2 cars.
 
This would be an excellent first bridal business venture or, equally, a bolt on for an established operator and most definitely has to be seen to fully appreciate.

Important to note that the vendor will offer a full handover or training, if required.

Whilst the vendor works 4 days a week, the shop operates on an appointment-only-basis so she has complete flexibility to fit her work around family life.  She also has 2 part-time staff.  

Seller's Discretionary Income is IRO £50k.

Offers are invited for either a share sale, or a goodwill and asset sale; to include stock, WIP, fixtures & fittings, subject to agreement.    


Key features:

  • Established over 25 years, with enviable reputation
  • Delightful and prestigious location
  • Exclusive designer and bespoke wedding dresses provided to discerning clientele
  • Opportunity to build on the excellent work of the current owner
  • Seller's Discretionary Income c£50k
  • Flexible working hours with appointment-based service
  • Offers invited for share sale or goodwill and asset sale, to include stock, WIP and fixtures & fittings

Property Details: Leasehold
Asking Price: Offers Invited
Turnover: £210,000 Annual
Location:

Prime high street location in historic small town.

Premises Details:

Beautiful half-timbered building, with windows to high street frontage, display areas and showrooms, 2 fitting rooms, store, office, loo, kitchen, secure gated parking.

Approx 377 sq.ft in total.

A 9-year lease was signed in 2016, with breaks at years 3 & 6. Rent review after 5 years.

Reason For Selling:
The vendor wishes to establish a non-related business with a friend.

Exceptional Long-Established Bridal Boutique in Prestigious Location West Midlands

Financial Details

  • Leasehold: undisclosed + SAV
  • Turnover: £210,000 Annual
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