Leasehold Ladies / Bridalwear - Couture
Location United Kingdom
Asking Price Range < $250K
Gross Revenues $60000
Net Profit / Cash Flow $60000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1994
Number of Employees 1 - 3
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Description LEASEHOLD LADIES/BRIDAL WEAR - COUTURE BUSINESS FOR SALE, ASKING PRICE œ25,000 INCLUDING STOCK. Advent Business Sales is delighted to have been given the opportunity to offer to the market this very well established and respected ladies couture outlet. The business, which was founded by our vendor in 1994, has been in its present location since 2001 and is only now being offered for sale as the owner is planning to emigrate with her family. The business is staffed by the vendor and 2 part time assistants who work 18 hours each.
The business specialises in top quality couture dresses for brides, bridesmaids, mother of the bride, proms and ball gowns. The vendors also offer a made to measure service. They also offer:
- Hats and hat hire
- Hand bags
- Tiara's
All types of alterations, dry cleaning, shoe repairs and shoes with an exclusive arrange to promote the rainbow collections of shoes and bags. Approximately 40 dresses are on display at any one time, together with a good range of hats and shoes. Our client has such an excellent reputation that customers are often prepared to travel many miles to the shop. September is a very busy period with the Doncaster races.
BUSINESS PREMISES: A very attractive ground floor premises decorated to a high standard with the added security of an alarm system and consisting of the following:
Ground Floor
- Glazed window with hat and dress displays
- Side entrance door leading into the main sales area
- 2 seater leather waiting sofa
- Reception desk
- 3 glass shoe display cabinets
- Good quantity of both formal and casual couture dresses on display
- Very large fitting room
- Working area of shop with a large 3.6m x 1.5m table, 3 sewing machines on work stations
- W/c
- Rear access to the car park
Tenure: Leasehold
Original lease: 15 years
Remaining lease: 8 years
Review every: 3 years
Rent: œ7,440 per annum
We are advised that the annual business rates are currently: œ1,750.
Click Here To Contact Seller
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