Business Sold BS147872, Sydney, New South Wales 2000
Business Category Clothing Accessories
Sold! Iconic Bridal Boutique And Formal Menswear – Western Sydney
One of Sydney’s Most Established Bridal Houses
This iconic bridal boutique has been the go-to destination for brides for over 35 years. The Business has allowed the current owner a very comfortable lifestyle and after 18 years, she is ready to retire.
With stock alone valued at $200K – and equipment and fit-out at a conservative $140K, the owner is selling the business for the same price she paid 18 years ago. This is an opportunity you won’t want to miss!
-Niche market that cannot be replaced by online shopping or discount stores
-Exclusive access to some of the World’s Top Designers in bridal wear
-Caters for the entire bridal party with wedding gowns, bridesmaids’ dresses, made-to-measure suits, jewelry, veils, capes and more
-Only 2 owners in 35 years’ trading
-Excellent cashflow – The average sale is $3,000 with half paid up front as a deposit
-Numerous awards for excellence inc. Brides Choice Award and Small Business Awards
-Vertically integrated business – gowns plus add-on sales and alterations
-Newly launched range of gowns that the business manufactures and retails – popular and extremely profitable
-Marketed through Social Media, Huge Database, Bridal Expos, Reputation and Referrals from celebrants, florists etc
-Premises: 210 sq m with 2 floors, sewing room, storage facilities, 6 change rooms, 1-2 parking spaces
-Fully staffed with the owner overseeing the operation and working 4 short days a week
-Currently outsourcing alterations with the business taking a commission. The business comes with all the necessary equipment to reinstate alterations in-house
-Offered Walk in/Walk with training provided
Located in Sydney’s Western Suburbs, with the soon-to-be-completed light rail passing the front door, this business is about to be exposed to 28,000 people daily.
Covid put weddings on hold but there is now a large pent-up demand for all wedding-related services, so this is your opportunity to reap the rewards from a well-established name in the industry.
Price $160,000 WIWO
Business ID: BS147872
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