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Bridal Wear Shop For Sale
 
B4S Reference: 25932
Asking Price: £20,000
Net Profit: Undisclosed
Sales Revenue: Undisclosed
Number of Staff: 3
Established For: 6  Years  6  Months
Ownership: Leasehold
Location: Cannock, Staffordshire, United Kingdom
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Bridal Wear Shops For Sale in Cannock
  Business Summary   
  Successful wedding shop situated in the heart Cannock Town Centre selling a fantastic range of Bridal Gowns, Bridesmaid and Mother of the Bride outfits as well as Prom and Menswear Suit Hire. We also have a range of accessories including Tiaras and Shoes.

Currently offers an alteration service for items purchased through the shop as well as customers own items.

The shop is situated over 2 floors giving a spacious environment for customers to come in try on, feel comfortable and buy. Bridal Gowns and Menswear is situated on the ground floor with Bridesmaid, Mother of the Bride and Prom on the second floor.

There is huge potential for the business to grow with the right owners. The current owners are only looking to sell due to other full time work commitments making it difficult to put in the time that the business deserves and unable to split themselves any further.

The business currently has 3 staff employed that are brilliant but cannot take the business forward taking advantage of the potential it has, especially in its prime location.

Owners looking for a quick sale and therefore asking price is low reduced to £20,000 plus SAV.
  Property Information   
  Property: Leasehold
 
  Current Rent: £3750.00 per quarter
 
  Living Accommodation: No
 
  Location: On the Main road to Cannock town centre with ample parking to the front and also behind the shop. Easily accessible from all directions.
  Competition   
  There are other shops in neighbouring areas, however they will not be able to stock the same dresses, as our suppliers do not provide accounts within a radius determined by them.
  Growth Potential   
  This business has a huge amount of potential to grow. It is in an ideal location to be noticed and can therefore be marketed from its own window displays. There are other opportunities for marketing and whilst we only do a small amount of advertising now, the business would grow with more coverage in the right domains. There is potential in the Prom dresses and also for the Menswear to develop much more
  Support and Training Offered   
  We can assist the new owners if they require in the first few weeks.
  Reason for Selling   
  We took this on so our parents could retire but we just do not have enough time to put into the business. We are of course disappointed but we want someone to enjoy as much as we have the delights of helping someone with their wedding needs.
  Other Details   
  Is this a home-based business? No
  Can this business be relocated? No
  Is this business part of a franchise? No
  Summary of Business Hours   
  Monday – Friday Open 10.00am Close 4.00pm
Saturday Open 9.30am Close 4.00pm
  Summary of Staffing   
  3 ladies, one of which has been with the business for over 5 years, the second lady since October 2010 and the third since April 2011. All work approx 12 hrs a week. Obviously the new owners would decide if they keep all three or any of the staff.





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