SOLD – Established Upmarket Bridal Boutique, Glasgow 2636

    1753

NOW SOLD

This is an excellent opportunity to acquire an established award winning bridal boutique with superb bright spacious premises.

This upmarket boutique has an excellent social media presence and numerous word of mouth referrals which results in a wide customer base from across the Greater Glasgow area and beyond. Attractive highly visible 71m2 (750sqft) leasehold premises.

Net sales £75,000 with an excellent gross profit margin of 67%.

Many exclusive distribution agreements with quality bridal brands.

Business, leasehold interest, fixtures and fittings for sale plus stock at valuation.


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Type of business
Business Situated in an architecturally beautiful building with superb north facing display windows this is an excellent opportunity to acquire this established upmarket bridal boutique stocking a large range of high quality and exclusive bridal wear. The business is located close to Glasgow city centre in an attractive ground floor retail unit recently refurbished to a high standard with ample parking nearby. Its exclusive range of designer dresses, significant social media presence and excellent word of mouth referrals mean this multi award winning boutique attracts customers from Glasgow and beyond. Staff The owner with one part time seamstress. This is still a growing business that would suit an owner manager with limited part-time staff. Financial Information Net turnover last year was £75,000 and has been growing year on year with gross profit margins now hitting 67%. Low overheads plus excellent gross margins make this an easily managed and profitable business. Stock at cost between £30,000 - £40,000. Accounts can be made available to serious interested parties after viewing. Premises A spacious ground floor unit of 71m2 (750sqft) split into a dress display area together with a large fitting and viewing room. Leasehold. Rent £750 per month. Current lease runs until 2022 but can be extended. Rateable value only £7,100 so no rates are payable. Opening hours By appointment, Wednesday to Saturday.