_Business_
_Please quote reference B06294_
Hilton Smythe is delighted to present to the market Perfect Day Bridal, one of
South Wales most renowned bridal wear and suit hire business opportunities.
The ‘Turn - key’ business opportunity was established in 2009 and is now being
offered for sale due to our clients wish to now retire, however she will
ensure a full business handover to ensure the smooth transition.
The key to longevity and success of Perfect Day Bridal has been down to the
passion and personal service our client offers to each bride or groom. Our
client advises all work now is mainly down to recommendations as little
advertising is undertaken.
Choosing a wedding dress is a once in a lifetime decision and choosing the
right person to help you is key to feeling comfortable on the big day.
As with many bridal businesses, the choice of designers is key to the brides
it attracts. Our client currently offers the following well known designers -
* Gino Cerruti
* Bianco Evento
* White Rose
* English Rose
Our client currently runs the business herself with the help of two self -
employed seamstresses.
The large shop is arranged over 3 floors and offers a large private changing
room for friends and family to attend. Our client also offers evening
appointments to accommodate those who work during the day.
In addition to the bridal side of the business, our client holds a large stock
of men's wedding suits, evening jackets and waistcoats. Peter Posh have over
25 years specialising in mens and boys formal wear with an unrivalled
reputation for quality and service.
The 3rd floor is designated to the mens suit hire with its own changing room
facilities.
As our client is running the business alone, the suit hire side of the
business is running with evening appointments after 6: 00pm with her husband.
The business is still getting orders coming in, and still has some in the
books from last year that are postponing till next year.
Due to the Covid pandemic, all bridal businesses have been impacted however we
envisage the weddings sector to enjoy a significant boom due to the number of
weddings that have been put on hold.
Any new owner will be able to enjoy the new increase in demand.
Key selling points -
* Very well established business
* Opportunity to expand
* Business website
* Facebook page 1 - 1, 775 followers
* Facebook page 2 - Over 5, 000 followers
* Instagram page
* Desirable location
* Low rental terms
* Nil Business rates
* Large stock available
* Business handover
_Location_
Perfect Day Bridal Wear occupies a prominent trading position along Beaufort
Street in Brynmawr, Ebbw Vale in South Wales.
Beaufort Street offers an excellent mix of independent retailers, cafes,
estate agents, main post office, pharmacy, hair & beauty salons, butchers,
travel agents and high street brands such as New Look, Greggs.
Brynmawr is a desirable market town located just off the A465, 20 miles north
of Newport.
Main bus routes from nearby Merthyr Tydfil are the E3, Z15, X4.
Ebbw Vale is enjoying a significant increase in new people looking to live in
the area which is clear to see by the number of new housing developments,
there is also a new retail park being built near the town centre which will
further increase footfall.
The business benefits from free customer parking directly outside.
_Premises_
Ground floor -
* Bridal showroom - fixed display rails to both sides of the shop
* Small fitting room
* Understairs storage cupboard
* Fire exit
First floor -
* Staff kitchen area
* Toilet
* Large bridal fitting room
* Storage cupboard
Second floor -
* Men’s fitting room
* Suit storeroom
* 2nd storeroom
_Tenure_
We are advised that the business is being sold on a Leasehold basis, with 1
year remaining on the 5 year lease. The rent is £475 per month.
_Hours_
The business hours are -
Monday – 9: 30am – 5: 00pm
Tuesday - 9: 30am – 5: 00pm & 6: 00pm – 8: 30pm
Wednesday – Closed
Thursday – 9: 30am – 5: 00pm & 6: 00pm – 8: 30pm
Friday – 9: 30am – 5: 00pm
Saturday – 10: 00am – 2: 30pm
Sunday - Closed
_Staff_
We are advised that the business is owner ran and managed.
_Financial Profile_
We are advised as per the 2020 accounts, the business generated a turnover in
the region of £50, 000, with an adjusted net profit in the region of £11, 000.
Full financials can be made available upon further request.
_Please quote reference B06294_

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