An upmarket bridal boutique offering a range of bridal services and accessories from buying or hiring of unique and original wedding dress designs to wedding dress design and alterations. The business was purchased by the current owners in 2009 who have grown it to be the leading bridal boutique in the area. The business is situated in an upmarket shopping centre in a busy area.
The business is owner operated with 1 x shop manager and qualified fashion designer and 2 x sales assistants. There has been exceptional word of mouth referrals and there is an opportunity to further grow the business through a few key marketing initiatives.
The asking price is R750 000 with a gross average sales revenue of between R1 400 000 – R1 800 000 per annum, with expenses on average R640 000 per annum and an average gross profit margin of 65%. The business is ideally suited for a hands-on operator with some level of experience in the retail fashion and or bridal industry.