Popular Independent Bridal Boutique in Lancashire

Preston, Lancashire
REF: R07460

Asking Price:
£20,000
Annual Turnover:
£106,002
Annual Net Profit:
TBC
Featured
REF: R07460

Overview

Tenure:
Leasehold
Established:
TBC
  • Fantastic local reputation
  • Range of on-trend Bridal gowns
  • Sleek, fully-furnished premises
  • Prolific social media presence
  • Scope for growth

Now available to the market this well established Bridal Boutique in the bustling market town of Garstang Lancashire.

The business has a well respected reputation in the local area and benefits from repeat referrals with little need for paid for advertising.

The boutique is charmingly set out creating an instant relaxing but exciting environment for brides to be. With an extensive range of bridal gowns and accessories, the boutique exudes taste and style.

The business owner has a background in design and bridal alterations and runs this as another business opposite the boutique. Both businesses compliment each other and have grown to a point they now each need a dedicated owner to focus on further growth and delivering a first class customer service.

The new owner of the boutique will benefit from the excellent management systems in place and with the bridal alterations taken care of this makes for a stress free turnkey business.

All stock, fixtures & fittings are included in the sale.

Trading from a premises which is well-equipped for purpose, well-lit and beautifully decorated, a new owner has everything they need to continue operations straight away. With a reception area to the left on the entrance, customers are greeted and can immediately see the range of gowns on offer. Further on is a private fitting area and a sale rale. Through the door are toilet facilities, a storeroom/office and small kitchen area, plus back door with access to a yard

The owner utilises Bridal Live software to run the boutique; a specialist software package used to run the boutique professionally and efficiently. In addition, the business has a professional website which is very on-brand and allows clients to peruse dresses and book an appointment. Its social media accounts have a combined following of over 3,000, showing it to be a credible, reliable business which has played a huge part in numerous weddings over the years.

This is a fantastic opportunity for someone new to the industry or an owner of an established bridal boutique looking to grow their portfolio.

As the current owner will continue running their alteration service, working in conjunction with the business, a new owner will be able to manage the shop and assist customers, perhaps the most rewarding part of the job.

Various opportunities for growth present themselves to a new owner. Further advertising, longer opening hours and introducing prom and bridesmaid dresses and suit hire could all lead to a higher turnover.

The current owner would be willing to discuss a transitional period in which they would hand the business over to the new proprietor.

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  • Garstang, Preston
  • High level of footfall
  • Complemented by estate agents, cafĂ©s, a bank and hotel in the vicinity
  • Easy access
  • No competition
Rent
£12,000
Rates
£0
Lease Term
7
Lease Expiry
10 years, 7 years remaining
Square Footage
TBC
Accommodation Included
No
Premises Licence
TBC
Property Value
TBC
Planning
TBC
EPC
C 51-75

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

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