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.
