Luxurious Bridal Boutique in Kent

Sevenoaks, Kent
REF: R07661

Asking Price:
£80,000
Annual Turnover:
£170,000
Annual Net Profit:
£40,000
REF: R07661

Overview

Tenure:
Leasehold
Established:
2014
  • Excellent reputation
  • Huge growth opportunity
  • Equipment included
  • Low overheads
  • 5-star rating

This is a fantastic, highly reputable and profitable bridal boutique located in the picturesque town of Sevenoaks in Kent, within a friendly, supportive community of other local businesses.

Focused on the luxury segment of the bridal dress industry, Dress Dreams offers its clients a selection of elegant designer and couture dresses from international designers.

Future brides travel nationally and internationally to receive the Dress Dreams experience. An engaging presence on social media has bolstered the boutique’s standing amongst its competitors further afield.

The store also sells a variety of classic accessories, such as veils, tiaras, hairvines, and jewellery, alongside fun additions including wedding umbrellas, bridal robes, and garters.

Located near Sevenoaks train station, Dress Dreams features a stylish glass frontage and doorway, which welcomes brides in to an immaculately presented shop floor. Open closets displaying dresses line the two side walls, whilst a desk and two changing rooms are situated to the rear of the store.

A small and passionate team of the boutique owner, an assistant, and a seamstress help in creating a relaxed, stress-free shopping experience for the bride and up to three guests.

All existing stock is included in the sale, which is valued at £120,000 wholesale and the equivalent of £400,000 at retail value. A £36,000 loan is potentially available towards the cost of the stock, interest free for up to 12 months with a preferential rate thereafter.

The current owner is willing to offer a transitional period with the buyer.

Only for sale due to the current owner relocating, this bridal boutique is the perfect opportunity for a first-time owner looking to enter the bridal industry but desires the security of a well-established, stable business that already has great profit.

Despite huge success so far, Dress Dreams offers massive scope for future development. For example, more designers could be included in the store’s offering- particularly those with a similarly prominent social media presence.

There is also the possibility of extending the business into menswear clothing, in order to create a complete service for wedding clothing.

A secured tenancy with a right to renew makes this a strong possibility for a potential new owner, but there is also the option to buy the space at the end of the current lease.

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  • Free on-site car parking
  • Town location
  • Close to local businesses
  • Public transport access
  • Spacious premises
Rent
TBC
Rates
TBC
Lease Term
4 years
Lease Expiry
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Square Footage
TBC
Accommodation Included
TBC
Premises Licence
TBC
Property Value
TBC
Planning
TBC
EPC
TBC

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