 | Bridal Wear Business For Sale Essex, United Kingdom Advert ref: BR.0.125.EL Business description
A rare opportunity to own an Award Winning store located within a thriving market town.The business is part of an internationally respected and established bridal wear chain. This store is exceptionally well presented it is a modern store which brightly lit, elegant and has a fully air conditioned sales floor. The store stocks the industries leading designers as well as its own exclusive couture designers. The store measures approximately 3000sqft split between bridal wear and men’s formal wear. The menswear area has wooden flooring and 4 large changing rooms. The fully carpeted bridal wear area has 4 large fitting rooms. There is a small kitchen, storage/stock room, and office.
Years established: 5
Employees: The store is fully managed by an experienced manager and staff , the equivalent of five full time and one part time assistants,
Trading hours: MON-SAT 9.30AM-5.30PM
Property: Leasehold
Lease terms
We are advised that the ten-year renewable lease commenced in 2003 with an annual rent of £29,500 per annum, with five-year reviews. We are further advised that annual business rates amount to £11,500 per annum
Location
The store is located within the heart of the Borough of Havering
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| | Financial details Asking price: £99,999
Sales revenue: £427,000
Net profit: Undisclosed
Furniture / Fixtures value: Undisclosed
Inventory / Stock value: Undisclosed |
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