Advert Ref: B.01.18.285.L

Successful And Profitable Luxury Bridal Retail Business, London For Sale

  • London
Asking price:
£285,000
Sales revenue:
£830,476
Net profit:
£160,000


This is a busy well-known LONDON independent bridal fashion Boutique. Home to an array of successful bridal brands from established international designers. Located in central London – Zone 1. The brand reflects experience and trust which most customers are looking for when shopping for the most important garment in their life. There is scope to create your own collection in order to enhance exclusivity with potential to add desirability and higher profit margins. From the owner: "I am so proud to be part of this great and successful business. It is rewarding financially and as a business person it gave me the opportunity to grow and learn with my team and our thousands of customers over the years". ? Profitable Boutique Bridal Business established 9 years ? Excess of £1 million in transactions taken annually ? Excellent Business Structure ? Clean recognizable branding ? An ambassador for many of its International Bridal Labels ? Potential to launch own label; be showcased along other world established Brands ? Solid investment and asset, with good yield and great growth potential

Property:
Leasehold
Lease terms:
We are advised that the current renewable six year lease expires in March 2021. The current rent is £38,500 per annum. A rent review is due in March 2018 which is expected to increase to £42,000 being the general rent in the area
Location:
Confidential Sale- Viewings strictly by appointment only through the offices of County Business Sales
Premises details:
The premises are situated over two floors. Each floor measures in the region of 10m x 4.5m. The ground floor is the main sales area and is immaculately presented with high quality fixtures and fittings, and boasts dark wood laminate flooring with spotlights, and three fitting rooms.
Energy Performance Rating:
D

Furniture / Fixtures value:
Undisclosed
Inventory / Stock value:
£85,000

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