Total of 18659 firms and businesses for sale today Tuesday 30th April 2024
Sold. Service Oriented, Bridal Wear & Men’s Formal Wear – Sales And Hire
LISTING DETAILS
Firms For Sale ID:
24967
Vendor reference:
AB156
Vendor website:
BUSINESS DETAILS
Location:
Primary sector:
Asking price:
£75,000
Turnover / revenue:
£200,000
Net profit / cashflow:
Undisclosed
Years established:
2
Number of employees:
4
OTHER DETAILS
Reason for selling:
The current Owners believe they have taken the business as far as they can within their own resources and believe the time is right to pass the business on to new Owners to build on the excellent foundations already laid.
Financing available:
The business pays £250 per month as part of its franchise agreement. In addition the business commits to buying a number of dresses each year – set at 35 dresses for the current year.
Support and training:
The current Owners will provide full business familiarisation, training and handover to ensure a smooth transfer of the business to new Owners.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
The premises are leased with the current agreement due to expire in November 2010 – though there is an option to renew. Rent is £25,000 per annum with Rates of £10,900 per annum.
BUSINESS DESCRIPTION
Service Oriented, Bridal Wear & Men’s Formal wear – Sales and Hire
Ref.AB156
Location Kent
Asking Price £ 75,000
Established in its current format approximately two years ago – evolving from the closure of one of the UK’s leading High Street bridal and mens formal wear chains, this business, still part of a franchise/buying group arrangement formed from the top 16 performing stores from the original chain, has firmly established itself as the place to go for Brides and Bridegrooms planning their big day or for men dressing for that formal occasion. Prominently located on a busy High Street – in premises that have been associated with bridal wear and formalwear for almost twenty years - in a very affluent town in Kent, this business goes out of its way to make every customer feel very special from the minute they walk through the door right through to the big day itself. Offering a very personal one-to-one service, for Designer Wedding Dresses, Bridal Gowns, Bridesmaid Dresses, Bridal Accessories, Mens Hire Wear, Men's Tuxedo Suits or even Highland Wear, this is the place to visit.
With something for all budgets and all sizes, this business is an ideal retail outlet for the sale or hire of clothing with private fitting rooms, large mirrors, a wonderful showing area and a stunning array of gowns, dresses, suits and accessories. It has a warm and friendly ambience, enhanced by the welcoming, attentive assistance provided by the highly experienced and professional staff.
Carefully chosen to give a diverse selection, from the traditional to more contemporary styles, the collection of bridal gowns and bridesmaids dresses – which includes a range developed in conjunction with a major international manufacturer and exclusive to this group is spectacular and certain to capture the imagination of any Bride. The shop’s wide range of bridesmaids' gowns is equally stunning. New creations are purchased for the collection in the Spring and Autumn when the designers' new styles are released.