Sold

Beautifully Presented Bridal & Groom Wear

Kendal, Cumbria

£28,000 +SAV

Ref: B05160

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Description

Hilton Smythe welcomes to the market A Family Affair Bridal Studio & Groom's Room, an extremely well-established Bridal shop, located in the centre of Kendal, Cumbria  gateway to the Lake District. The business has been in the same family for over 22 years,  only now is the business coming to the market as our client looks to spend more time with family.

A Family Affair Bridal Studio & Groom's Room offers a large range of bridal gowns and accessories, flowergirl dresses along with a large menswear hire & sales department. 

The business has built up an outstanding reputation on Facebook and Google, with customers stating ‘Excellent gowns and fabulous service. Really knowledgeable and attentive staff who make this a unique and wonderful experience for the bride’. and ‘Very welcoming, friendly, reassuring and knowledgeable would highly recommend the shop’.

The company has a huge social media presence with over 3900 Facebook followers and their own website (www.family-affair.co.uk).

The shop opens 6 days a week and generates a turnover of £130,865 with a gross profit of £59,849. There is ample scope to increase the revenue by adding bridesmaid, prom, extending hours  etc.

Our client advises the Suit Hire and Sales has a high demand in the area, menswear can also be sold online, should the new owner desire.


Viewings are strictly by appointment only and arranged by Hilton Smythe.

A Family Affair Bridal Studio & Groom's Room is a turn key business opportunity in a competitive market which has all the benefits of an established business, coupled with being in a sought after location with plenty of growth potential for the new operator.

Tenure

Leasehold

Leasehold with18 months remaining on the current lease

Rent: £15,000 per annum.

The business further benefits from being rates exempt


Hours

The business opens:-

Monday to Saturday 10.00am to 4.00pm.


Staff

The business is currently owner ran with 1 part time staff member and a self employed Seamstress


Financial Profile

The financial report for 2018 show a turnover of £130,865 with a gross profit of £59,849.

Location

The business is located in Kendal town centre,

The business is surrounded by a wealth of complimentary shops and business which benefits from a high volume of footfall and passing trade. The area of the business is well served by the public transport system, with several bus stops within easy walking distance of the business.

The area is also well served by the A-roads, being within easy driving distance of the business with the A6, which link to the M6 motorway network.

Premises

A Family Affair Bridal Studio & Groom's Room is located at New Shambles, Kendal town centre. The shop has a stylish window display and bespoke signage.

Ground floor

With perimeter hanging rails, display units, desk, seating area.

1st floor

Fitting room, storage, kitchenette and wc

A Family Affair Bridal Studio & Groom's Room has modern décor throughout, creating an inviting atmosphere.

Equipment included in the sale comprises of

  • Mirrors
  • Ample Hanging rails
  • Display stands
  • Till and card reader
  • Dressing rooms
  • Client book
  • Website
  • Facebook account
The premises is fully alarmed.

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