Ref 7024 – Leasehold Bridal Boutique Franchise
Blacks Brokers are pleased to bring to the market this leasehold bridal boutique franchise located in Liverpool, Merseyside.
Bridal Reloved is one of the uk’s largest bridal chains and the world’s only chain of pre-owned wedding dress boutiques. The franchise sells high end pre-owned wedding dresses throughout award winning, friendly and welcoming boutiques. Wedding dresses are either brand new, ex-sample or worn once and cleaned. The business also sells veils, tiaras and other accessories as well as bridesmaid dresses in some stores.
Bridal Reloved Liverpool was established by our client in this bustling area of Liverpool in 2016. The boutique has become very well known with much business generated by word of mouth recommendations as well as the comprehensive website and other online marketing which is done by the main franchise. Our client has ensured this boutique has an excellent reputation and superb reviews noted on Google and Facebook.
Bridal Reloved Liverpool occupies a main road trading position within a very busy shopping parade. The area is densely populated commercially with neighbouring businesses including independent businesses such as a beauty salon and large multiples such as Boots. Sefton Park is also nearby along with three local train stations. The area is well linked by the M62 and A561 with strong public transport links and parking is available immediately outside.
The business is suited to an owner operator able to provide a consistent level of service to brides and bridal parties but sadly due to new family commitments the business is now for sale. This presents an excellent opportunity for a new owner-operator or team to take the business to the next level.
The building is available on a Full Repair and Insure lease (Fri lease). This is the most common form of commercial lease. The current lease is a five year lease which began in 2016 at a cost of £162 per week.
Bridal Reloved Liverpool has traded solidly since opening. We are advised that the business has annual turnover of £45,000. Franchise fees are 8% of turnover per month and 1.5% for marketing. Full financial information is available upon request.
The business currently benefits from Small Business Rates Relief. Purchasers should enquire with relevant local authorities to confirm the rates payable.
This is a beautifully fitted and well known bridal boutique which occupies a superb trading position. The franchise offers full training and support. There is plenty of scope to develop the business further with the introduction of longer opening hours/days and a strong local marketing drive, potentially online. Attendance at bridal shows could also be beneficial. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised. Business: £27,500.
Please quote ref: 7024