Established Bridal & Wedding Dress Shop for Sale in Staffordshire

Tamworth, Midlands
REF: INT2840

Asking Price:
£80,000
Annual Turnover:
£78,466
Annual Net Profit:
£34,772
REF: INT2840
Photo of Established Bridal & Wedding Dress Shop for Sale in Staffordshire
Photo of Established Bridal & Wedding Dress Shop for Sale in Staffordshire
Photo of Established Bridal & Wedding Dress Shop for Sale in Staffordshire
Photo of Established Bridal & Wedding Dress Shop for Sale in Staffordshire

Overview

Tenure:
Leasehold
Established:
2011
  • Excellent Reputation
  • Friendly & Professional Team
  • Huge Growth Potential

Now on the market is a highly sought-after wedding dress and bridal wear business in Staffordshire. Boasting a strong customer base and a unique range of stock.

Established over a decade ago, the bridal business stocks a stunning variety of wedding dresses and bridal accessories, with their customer base comprising of brides who have been recommended the shop by word of mouth, those looking for a specific dress from a designer, or recommendations from the nearby Cripps and Co wedding venue called Thorpe Garden.

The company has an excellent reputation and they have established a solid client base on social media channels such as Facebook – boasting 5* reviews and thousands of followers/likes.

With profitable growth opportunities available, this business would be an excellent purchase for an individual within the bridal or retail market.

The business is run from leased premises on a private estate next to Thorpe Garden in Tamworth, which also provides recommendations for brides to visit the boutique.

The studio is spacious, with 2 private fitting areas and a washroom. This allows brides to try on multiple outfit choices in the privacy of their modern boutique. Due to the strategically placed location of the boutique, the business owner currently rents out studio space to brides staying at nearby venues for them to get ready.

Fixtures and fittings are included, with the stock open to separate negotiation.

The business has already begun developing a social media presence, but an increase in marketing campaigns would be beneficial. The bridal company could post consistent content on Facebook and Instagram to boost organic reach, while also developing Paid Social ads and PPC campaigns. This would increase engagement and reach on all social platforms.

Additionally, the company could expand its stock range while introducing bridesmaid dresses and a more extensive range of accessories to make this the one-stop shop for all bridal essentials.

Having already established a close working relationship with Thorpe Park, the opportunity to build on this relationship would be highly beneficial for a new owner.

Features

Reputation

  • Google: 5

Online Presence

  • Facebook: Yes
  • Instagram: Yes

Website: www.cicilybridal.com

Location

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  • Shopping Centre Location
  • High Street Location
  • Nearby Car Parking
  • Good Transport Links
  • Limited Competition

Property

Annual Rent
£15,828
Annual Rates
TBC
Lease Term (Years)
5
Lease Expiry (Year)
2025
Accommodation Included
No
EPC Rating
TBC

Financial & More

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Company Accounts
XXXX
Trading Entity
XXXX
Management Structure
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Number of Employees
XXXX
Current Ownership
XXXX

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