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Business For Sale

Bridal and Men Formal Wear Hire Shop -£ 80,000

Norfolk, United Kingdom, GB

Retail: Clothing & Accessories

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$122,738
$333,367
Not Disclosed
Not Disclosed
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
2001
5
85814382

Business for Sale Overview:

Turner Butler are delighted to be appointed as sole selling agents for this exciting business opportunity which has never been brought to the market for sale before. The setting and location of this business work very well together, facing a major arterial road to the center of this large City, and yet just 10 minutes walk from its very center. This interesting large double fronted shop dominates the bank of shops where it is located, and enjoys the benefit of plentiful parking right outside the shop, along with a private car park to the rear. For an impression of experiencing the ambiance of the shop, think large open comfortable areas to browse, with tall ceilings, large open window displays looking through very large windows, and a general feeling of calm and elegance. Inside this unique studio there is always a warm welcome from the experienced and friendly staff, who happily assist their discerning customers, both ladies and gentlemen, by helping them to find their dream gown or wedding outfit and offering them a completely personal one-to-one service. Gowns are exquisite, with an extensive collection of page boy, bridesmaid and evening wear in a fantastic array of colors, suitable for any age and every style of wedding, whether it be on the beach, a romantic fairytale or in the local registry office. Offering a friendly, personal service to a wide range of clientele this business has established a healthy and solid platform since its inception in 2001, and this looks set to continue into the future.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Property Features and Assets:

The leasehold premises are connected to all main utilities apart from Gas and extend to approximately 2,500 square feet over the ground floor and basement accommodation. Whilst the basement area is currently being utilized for storage of unsold and sold stock, the air conditioned ground floor contains several key areas necessary for the smooth operation of the business on a daily basis. The ground floor accommodation briefly includes:- Large open Bridal Wear Studio complete with large Mirrors and 4 large Changing Rooms Large Men Formal Wear area including 3 Changing Rooms Staff and Preparation Room Seamstress Room Office Toilet The current lease runs until approximately 2016, and rental is currently coming in at circa £30,000 per annum.

Market Competition and Expansion:

The company subscribes to Yellow Pages advertising along with insertions in Trade Journals etc.

Reason for Selling:

This is a genuine retirement sale.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.
 

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