Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

39 Year Old Suffolk Bridal Boutique For Sale

Newmarket, Suffolk, UK
Asking Price:
£120,000 Furniture / Fixtures included
Sales Revenue:
£200K - £500K
Cash Flow:
Available on request

Established in 1982, this well-regarded and much loved Newmarket bridal boutique is up for sale as the owner is retiring. This is the first time in it's 40 year history that this business has come to market.

Due to the longevity of this business, much of the trade comes by recommendation/ word of mouth, serving 200-250 brides a year. They have an excellent website, SEO presence and five star google reviews. Social media for the boutique is managed daily in-house, with a fresh, active presence across Instagram, Facebook and Pinterest.

The Boutique is firmly established in the historic racing town of Newmarket, which is equivalent-distance from Cambridge and Bury St. Edmunds, these being the shop's main target markets. This is the only bridal shop in Newmarket, a busy town that enjoys a regular influx of people visiting for the racing and associated events.

The boutique is situated on one of the main roads into Newmarket and has a private car park for 6 cars. The premises is modern inside and so no immediate alterations are required.

Approaching it's 40th birthday in October 2022, this well-known shop is respected by local suppliers and the within the wider bridal industry. Their long-standing relationships with the bridal designers are to be admired. With extremely favourable lease terms and competitive rent, rarely offered on shop leases, this business represents a unique opportunity.

The boutique enjoys exclusivity with some of the top bridal designers, such as Maggie Sottero, Allure Bridals, Rebecca Ingram, Wilderly Bride, Brighton Belle , Mark Lesley and Catherine Deane. Their gowns cannot be sold in other local bridal shops.

The boutique is managed by two efficient and experienced full-time staff, making this an ideal investment opportunity for a buyer who didn't intend to work full time. The team consists of four freelance dressmakers and and freelance part-timer to cover holidays. The strength of the existing team is the real asset to this business, with all staff working with the shop long term.

As a mature business, one of the longest-serving bridal shops in the UK, the day-to-day running and management is firmly in place. You'd be investing in a business that you can walk in and be part of, not something to build from ground up.

There is scope to expand the business by offering more lines and extending opening hours (evenings and Sundays/Mondays), and space for expansion in the shop.

The shop consists of three floors; the main showroom on the ground floor, a storage basement and kitchenette downstairs and a storage room upstairs. Two bathrooms. With ample, free, private parking, this is a popular 'destination' bridal shop for Suffolk and Cambridgeshire brides.

The business is being sold as a going concern with fixtures and fittings included plus stock at valuation (currently around £60k). Option to invest with a current staff member percentage share.

For more information, please contact us by using the form below.

Property Information

Property:

Leasehold

Lease Terms:

The rent is extremely competitive for size of the premises. The Lease is 2 years minimum (longer can be negotiated if required) with a 3 month notice period. The business cannot be relocated for two years.

Leasehold Rent:

£12,000 per annum

Location:

Situated on one of the main roads into Newmarket with private parking for 6 cars.
The boutique has recently had new, large windows installed at the front of the shop to show the dresses off to the significant passing trade (foot and cars).

The pretty town of Newmarket is a big pull for day trippers with quaint tea shops and the racing industry all in the town centre.

Premises Details:

The Boutique is set in a large Victorian building with the main showroom spanning the ground floor, allowing for wheelchair access. There is a large amount of storage space for a bridal shop and plenty of room to expand the stock downstairs. We have three changing rooms that can be run concurrently, this allows for more appointments and increased footfall than the shops that can only take one bride at a time.

Size in square feet:
77

Business Operation

Expansion Potential:

Opportunity to expand business as space to bring in new collections, employ more in-house dressmakers and open late nights/ Sundays and Mondays/ offer more designer & in-house events.

Competition / Market:

There are no other bridal shops in Newmarket.

Reasons for selling:

Owner has semi-retired and already moved.

Trading hours:

Tues, Thurs, Frid: 10am - 5pm.
Weds: 12-7pm
Sat: 9.30am - 4pm.
Sundays and Mondays by appointment on request only (generally closed)

Employees:
Two full timers
Years established:
40 years in October 2022

Other Information

Support & training:

Support and training can be given. The shop is run by an excellent, established, professional team with many years experience in the bridal industry.

Furniture / Fixtures value:
£10,000 - included in the asking price
Inventory / Stock value:
£60,000
Website:
Login or register to view link

Contact Seller

  1. This email address is already registered. Log in to continue.
      1. Postcode not found. Please try again

    1. or
  1. What will I receive?

    BusinessesForSale.com is committed to protecting your privacy. Ticking this box means you are consenting to us sending you marketing emails.

    You will receive newsletters, updates and offers about business and franchise opportunities. We will also send you information about related business and franchise events.

    You can change your mind at any time by clicking unsubscribe in the footer of our emails.

    Find out more about what we do with your information in our privacy policy.

  2. What will happen?

    When you tick this box we will pass a copy of your details (excluding your message) along with the name of the business you inquired on to finance specialists Bowmore Funding. They will contact you about financing your business purchase.

By submitting this form, you confirm that you agree to our terms and conditions. Please note that BusinessesForSale.com will send the above details to the seller of this business. Find out more about what we do with your information in our privacy policy.

Selling a business?

If you own a business and are considering selling, visit our Sell a Business section. Limited Trial available.

Sell Your Business