Renowned Bridal Boutique in West Yorkshire

Leeds, West Yorkshire
REF: 03342

Asking Price:
£19,950
Annual Turnover:
TBC
Annual Net Profit:
TBC
Recently Sold
REF: 03342
Photo of Renowned Bridal Boutique in West Yorkshire
Photo of Renowned Bridal Boutique in West Yorkshire
Photo of Renowned Bridal Boutique in West Yorkshire
Photo of Renowned Bridal Boutique in West Yorkshire

Overview

Tenure:
Leasehold
Established:
2009
  • High street position
  • Fair leasehold
  • Renovated to a high standard
  • Lifestyle business
  • Huge potential for growth

This is a lucrative opportunity to purchase a reputable bridal boutique located on the outskirts of Leeds.

The business sells a wide range of wedding gowns, bridesmaid and prom dresses and has gained a great reputation for the quality of stock they hold and competitive prices they offer.

This is a very profitable opportunity for a new buyer to takeover an exclusive bridal retailer that has operated successfully since it began trading seven years ago, with sales increasing year on year.

The business acts as an exclusive, boutique retailer of high quality bridal attire. Customers are female only and the store accommodates all aspects of wedding fashion.

This includes bridal gowns, bridesmaid dresses and even prom wear. The business has established great contracts with a number of leading designers and suppliers and provides exclusive stock and expert knowledge to their loyal client base. It has fast become the go-to boutique for high quality wedding and occasion wear.

The exterior is fresh and inviting with large window displays showcasing the beautiful gowns the business possesses. It has been renovated to a very high standard and once inside, customers are led through a small porch that leads to a very well stocked boutique.

It is tastefully decorated with original old stonework on the right hand side of the shop. Changing rooms are located to rear of the shop as well as office space.

A self employed seamstress who has worked with the boutique since it began trading, currently oversees all alterations off-site at her newly-opened workshop. She operates on a commission basis, adding even further revenue to the business.

Intelligent Business Transfer is delighted to offer for sale this unique, boutique wedding retailer that stocks a range of quality products. Set in a high footfall location and having grown organically through word of mouth recommendations, this is a fantastic opportunity for those with an interest in the wedding fashion industry.

A new buyer could continue to maintain the relationships already established with designers in the industry, however, there are also a number of ways in which the business could be expanded. There is an attractive, modern website which could have e-commerce incorporated into it. This would allow customers to place online orders. With over 3000 followers on Facebook, social media could be further utilised more efficiently to advertise any promotional offers and increase exposure to the business. Longer opening hours could also significantly increase the yearly income, as the current owners only operate 4 days a week and have generated a turnover of £60,000.

The owners are willing to sell the business to an individual possessing the correct drive and enthusiasm to grow the business further. With the ideal location of the business, high quality stock and great contacts it has established with bridal designers, this is a brilliant opportunity for entrepreneurs with an interest in the wedding industry.

Features

Online Presence

Website: www.platinumbridalboutique.co.uk

Location

Property

Annual Rent
£6,000
Annual Rates
TBC
Lease Term (Years)
TBC
Lease Expiry (Years)
TBC
Accommodation Included
TBC
EPC Rating
C 51-75

Financial & More

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

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