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8795S BRIDAL WEAR L/H £29,950+SAV

Asking Price: GBP 29950
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Business Location: United Kingdom » Derbyshire » DERBYSHIRE 
Category: Retail » Clothing & Accessory Stores
Description:
Advent Business Sales have been instructed to offer for sale this well established business which sells bridal wear and accessories, as well as a full fitting and alteration service in excellent surroundings.

The business was formed by our client in 1998 and moved to the present location in 2003 during which time she has amassed an excellent reputation.

The business is offered for sale due to personal commitments which unfortunately cannot be pursued whilst selling the business.

The business has an enviable reputation such that there is no significant competition.

Our client stocks an array of designer bridal and bridesmaid dressers including Amanda Wyatt, Veromia, Alice James and Pure by Romantica.
To further compliment our clients stock, a good range of tiara’s, veils, fascinators and bridal jewellery.

In addition, a complete dressmaking service is offered to suit and compliment ones requirements and needs.

Our client also offers full alteration and adjustment services.

Advertising has benefited the business in many ways as clients come from all over England to satisfy their requirements.

Advertising is predominantly Yellow Pages, BT phone book, local newspapers and glossy bridal magazines.

The business is staffed solely by the vendor and when requires does do evening appointments.
TRADING HOURS
Mon: closed
Tues & Thurs: 9.00am – 5.00pm
Wed: 9.00am – 1.00pm
Fri – Sat: 9.00am – 4.00pm
BUSINESS PREMISES
A spacious lock up premises in a central village location, equipped to a good standard and comprising of the following:

Ground Floor
. Double door entrance
. Main showroom and sales area
. Rails for dress hanging
. Fixtures for accessories and jewellery
. Spacious fitting room
. Stock room
. Seamstress room
. Kitchen and w/c
. Good quality lighting throughout to enhance displays
. Double glazed throughout

External
. Paved to front with parking facility
TENURE: Monthly rental council lease
Original lease: monthly
Rent: £2,640 per annum
We are advised that the annual business rates are currently: £880
 
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Financial Information:  
Annual gross sales: (GBP) N/A
Yearly Revenue: (GBP)
Total yearly sales revenue		 23000
Net Profit: (GBP)
Total profit before taxes		 N/A
General Information:  
Business Area: Our client is located on a main road junction in a busy North East Derbyshire village. There are many businesses in the immediate area, which attracts a high level of footfall.
Year Established: 1998
Is Relocatable?:
 No
Business closed or an asset sale : No
Is Home based business?: No
Real estate status: No
Market competition and expansion:
 EXPANSION POTENTIAL There is excellent potential to expand the business on several ways which have been identified but not yet pursued. This could include setting up a web site and introduce internet sales. Adding mother of the bride and men’s formal hire would compliment the business and further sales.
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