Retail premises for sale

Clacton On Sea CO15

Wedding dress & bridalwear business

Price £24,999 Plus sav
Location clacton-on-sea

Ref R0145E

description:
Wedding dress & bridalwear business trading from a spacious retail showroom measuring approximately 1,350 sq. Ft. Benefiting from a private customer car park, large forecourt and a huge stock holding. The business occupies a highly accessible location within clacton-on-sea and provides an inviting environment for bridal consultations and fittings. The business is completely unopposed and has been established since the 1990s, operating under the same ownership for 21 years. During this time, our client has built a highly enviable reputation for quality products, excellent customer service and personal attention, resulting in a loyal customer base and regular referrals. The business has now been brought to market with a genuine reason for sale due to retirement. The extensive stock holding includes a wide range of wedding dresses and bridalwear to suit various tastes and budgets. Wedding dresses retail from approximately £300 to £1,400, with an average order value of £1,200, whilst enjoying the high gross profit margins typically associated with the bridalwear sector.
We believe there is uncapped potential to further increase revenues through the introduction of additional lines whilst opportunities also exist through the development of a comprehensive e-commerce website, enhanced social media marketing and the extension of current opening hours. The premises benefit from low overheads, and we understand that a new lease will be made available at an asking rental of only £12,000 per annum, on full repairing and insuring terms. This represents an outstanding opportunity to acquire a well-established, family-run business with an excellent reputation and significant growth potential. Businesses of this nature rarely become available on the open market. Essex and Suffolk business sales are delighted to be instructed as sole agents in the sale of this business and strongly recommend that an early viewing is advised.