Business NO.:
3134666
Status:
Active
Updated on:
11/05/2020

AWARD WINNING BRIDAL STORE

Clothing/Accessories | Business for Sale | Adelaide

One of Adelaide's most re-knowned bridal stores specialising in Wedding Dresses. Exclusively stocked brands with ongoing bookings of upto 2 years in advance.

Revenue:
$102,521 pm

Location Details:
Highly exposed location incorporated in the brand recognition and easy, free 1 hr & 2hr parking at the front and side of the shop. City location with parking- a rare offering.

Potential:
Opportunity to continue to steady growth path of this specialised business, taking advantage of the existing reputation (word of mouth, facebook/ google ratings, exclusivity of stocking high-end brands) and even expand to incorporate other related items within the wedding industry (Grooms menswear, jewellery, shoes, formal wear, ect)

Skills:
Passion, coordination, product placement, reliability and service delivery. Longstanding staff trained and commited to the store.

Hours:
Mon - Wed: 9:30 - 5
Thurs - Fri: 9:30 - 7
Sat: 9 - 4:30

Lease:
3 year Lease with 3+3 Options to Renew
Minimal CPI increases annually

Employees:
1 x Store Manager
1 x Owners Personal Assistant and Operational Manager
3 x Casual Workers

Reason for Sale:
Retiring owners.
Will continue to run the successful store and provide the purchaser of the business extensive time/ knowledge as they are willing to remain as employees of the store for up to a year following the sale (at the purchaser's descetion of course).

History:
Information and History upon request

About the Business:
South Australia's most renowned bridal stores with a reputation of delivering the best quality service for women’s bridal gowns and bridesmaid’s dresses – Catering for Mid-high end range, a reputable bridal store with the highest publicly reviewed Facebook and Google ratings in the industry, (currently 20k facebook followers and 4.7 star rating)
- A sustainable business model - Trained and passionate long-standing staff that are able to run all areas of the business.
- Passionate owners of 10 years, committed to putting the business in the right hands
- Exclusively stock stunning bridal collections found nowhere else in South Australia – a relationship built and honored for 10 years.

For more details, please email broker or call agents.