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8622DN LADIES/BRIDALWEAR - COUTURE

Asking Price: GBP 25000
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Business Location: United Kingdom » Doncaster » Doncaster 
Category: Retail » Clothing & Accessory Stores
Description:
Advent Business Sales is delighted to have been given the opportunity to offer to the market this very well established and respected ladies couture outlet.

The business, which was founded by our vendor in 1994, has been in its present location since 2001 and is only now being offered for sale as the owner is planning to emigrate with her family.

The business is staffed by the vendor and 2 part time assistants who work 18 hours each.

The business specialises in top quality couture dresses for brides, bridesmaids, mother of the bride, proms and ball gowns.
The vendors also offer a made to measure service.

They also offer:
• Hats and hat hire
• Hand bags
• Tiara’s

All types of alterations, dry cleaning, shoe repairs and shoes with an exclusive arrange to promote the rainbow collections of shoes and bags.

Approximately 40 dresses are on display at any one time, together with a good range of hats and shoes.

Our client has such an excellent reputation that customers are often prepared to travel many miles to the shop.

Septmber is a very busy period with the Doncaster races.
 
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Financial Information:  
Annual gross sales: (GBP) N/A
Yearly Revenue: (GBP)
Total yearly sales revenue		 60000
Net Profit: (GBP)
Total profit before taxes		 N/A
General Information:  
Business Area: The business is ideally located in the centre of a parade of complimentary shops, who all contribute to bring regular trade to the area.
Year Established: 14
Is Relocatable?:
 No
Business closed or an asset sale : No
Is Home based business?: No
Real estate status: No
No of trading hours: Mon – Fri: 9.00am – 5.00pm
Reasons for selling:
 the owner is planning to emigrate with her family.
Market competition and expansion:
 EXPANSION POTENTIAL Whilst our client has a thriving and a very successful business, there are other opportunities which could be realised by a new purchaser, these include: 1. Bridal dress hire 2. Formal men’s wear hire 3. Pure retail dresses 4. Haberdashery 5. Sell fabrics 6. Make rather than buy 7. Approach other retail shops to carry out their alterations 8. Advertise – none is done presently. The price has been considerably reduced due to the vendors immediate plans to relocate.
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