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AB143 -Designer Bridal Boutique

Asking Price: GBP 120000
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Business Location: United Kingdom » Surrey » Surrey 
Category: Retail » Clothing & Accessory Stores
Description:
Designer Bridal Boutique
Ref.AB143
Location Surrey
Asking Price £ 120,000
Established in 2003 – originally as a retirement project for its current Owner, this business has grown to become one of, if not the, most exclusive retailer of bridalwear in the southern Home Counties. Working exclusively with low volume, high value Clients – excluding accessories, a wedding dress from this outlet would cost approximately £2,300 on average, this business has firmly established itself as the place to go for Brides planning their big day. So much so, that the catchment area for this outlet extends way beyond its natural borders.

This business works with some of the UK’s top designers – with which this business has geographical exclusivity. Ideally positioned in a secondary retail location – as a ‘destination’ outlet this company doesn’t need the high overheads of a prime location, this business has been built around a philosophy of the very highest possible levels of personal service and attention. It goes out of its way to make every Bride feel very special from the minute they walk through the door right through to the big day itself.
Financial Information:  
Annual gross sales: (GBP) N/A
Yearly Revenue: (GBP)
Total yearly sales revenue
N/A
Net Profit: (GBP)
Total profit before taxes
N/A
General Information:  
Business Area: N.A.
Year Established: 2003
Is Relocatable?:
Yes
Business closed or an asset sale : No
Is Home based business?: No
Real estate status: No
Reasons for selling:
This is a genuine retirement sale.
Market competition and expansion:
This business has a very well designed and executed Corporate Identity which is utilised very effectively throughout all forms of communication creating an impression of an organisation much larger than it really is. It would be no surprise if customers believed this outlet to be one of a much larger, exclusive chain. Its high levels of customer service generates significant word of mouth recommendations – by far its most effective and impactful form of advertising.
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