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£0 £1000000

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Well Stocked Bridal Outlet With Excellent Reputation

Kidderminster, Worcestershire

  • Asking Price: £38,250 +SAV
  • Turnover: The Wedding Rooms generated an advised turnover of circa £162,000 as of the 2017 accounts.
  • Tenure: Leasehold

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Hilton Smythe are pleased to have been given the opportunity to manage the sale of the Wedding Rooms which is a well-established business with a renowned reputation amongst local residents. This is a superb opportunity to take on a high turnover local business in an area teeming with customers.The Wedding Rooms is a fun and friendly Bridal Outlet with a huge collection of dresses to try on and choose from, for all shapes, sizes, locations and budgets. The business was founded by the current owners, a Mother and Daughter team in 1987 and has been a real labour of love for them. They have been in their current premises since 2005.The owners wish to concentrate on their additional sewing service business and return to where they began, so they are keen to see their beloved business pass to an ambitious and entrepreneurial new owner who can take this already thriving business to the next level.The current owners are super proud of their business and always strive to work with the same goal in mind, to find gorgeous dresses for their customers with an absolutely fantastic price tag. Their enviable and well-deserved reputation for outstanding customer service and warm welcoming attitude ensures that every customer is looked after and cared for to the highest standard.The business has always had an outlet range known as Gowns to Go, as the dress the customer tried on was the dress, they purchased. In January 2019 the owners made the decision to become an Outlet only store and they now have an impressive range of gowns from many manufacturers and offer over 150 different dress designs. The gowns come in a range of sizes from 10 to 30 and they specialise in Plus Size with over 50 gowns for size 20 and above. Prices start at just £150.The business still has current designer accounts to place customer and sample orders, so can be changed back to a traditional "order off sample" shop if preferred.The sale will include the company website (theweddingrooms.co.uk) and Facebook (4558 likes at Instruction) and Instagram and twitter pages and the business enjoys great visibility on the internet via sites such as www.yell.com, www.hitched.co.uk, www.confetti.co.uk, www.yelp.co.uk etc. The business also enjoys some fantastic reviews, along with their own blog, www.the weddingroomsblog.co.uk Scope to improve • Advertising and marketing campaign • Extend the opening hours • Attend wedding fairs and exhibitions • Add an e-commerce facility to the website• Explore online voucher offerings from the likes of Groupon and Wowcher • Co-marketing, making recommendations to say, a wedding photo photographer in return for reciprocity• Add men's suit hire• Expand evening wear range• Add "Mother of the bride" rangeReasons to Buy• A well-established business with an enviable reputation.• Low running costs with inexpensive rent and no business rates plus own car park• Ideal owner managed or partnership business • Situated in a "destination" wedding town• Current owners would be happy to offer a handover to ensure the continued success • All fixtures and fittings included making this a real Turnkey business opportunity • The sale will include a quality website and all social media platforms • Priced to facilitate a quick saleHilton Smythe highly advise early viewing to avoid disappointment. This lovely little business is likely to attract considerable interest.Stock value can be greatly negotiated at a lower cost!

The business is run and managed by our two clients with the help of a Saturday girl.

Sunday - Closed Monday - ClosedTuesday to Saturday - 10.00 am – 4.00 pm

The Wedding Rooms is Located in Kidderminster in the county of Worcestershire.Kidderminster is a town in Worcestershire, 17 miles south-west of Birmingham and 15 miles north of Worcester. At the 2011 census it had a population of 55,530.Two railway stations in the town share the same approach road and are located less than fifty metres apart. The main National Rail station operated by West Midlands Trains as West Midland Railway is Kidderminster, from where trains run to Birmingham, Worcester and London. The other station, Kidderminster Town, is the terminus of the preserved Heritage Railway Line, Severn Valley Railway from where trains run to Bridgnorth.Several major routes run through the town including the A456 which runs from Birmingham to Woofferton, Shropshire, a few miles south of Woofferton, the A451 which runs from Stourbridge to Abberley, the A442 which runs from Droitwich to Hodnet, Shropshire, a few miles north of Telford, the A449 which runs from Newport in South Wales to Stafford and crosses the A456 at the Land Oak, and the A448 Road which starts in the town and goes to Bromsgrove. The Staffordshire and Worcestershire canal passes through the town.There are direct bus links with towns including Worcester, Halesowen, Bewdley, Stourport, Bridgnorth, Bromsgrove, And Redditch. The majority of the devices in Kidderminster are operated by Diamond Bus (previously First Midland Red) while the rest is operated by R&B Travel, Arriva & Coniston Coaches.Kidderminster is becoming known as a Destination Wedding Town, meaning brides to be visiting the town have a number of wedding businesses to visit when choosing their special gown.The Wedding Room is ideally situated on the first floor above a parade of shops which fronts a busy main road leading into Kidderminster town centre. The business is nicely presented and maintained with clear visible signage. There is free on street parking immediately outside the premises and a free car park to the rear of the premises.

The business occupies good sized (122.4 sq.m) first floor accommodation and briefly comprises;Ground floorKitchenetteWith window to rear, stainless steel sink and drainer and room for kettle and microwave etc.WCWith window to rear, close coupled toilet and hand wash basinInner hallwayWith stairs leading to first floor showroomFirst floorMain ShowroomGenerous and bright showroom presented to the highest standards. Twin windows to rear which flood the room with natural daylight, high ceiling, perimeter rails to each side which display the gowns to their best effect, sales desk, table with 2 drawers, large mirror, freestanding glass display cabinet.Store RoomWith window to rear and perimeter display rails, fluorescent lighting. This room was used previously as a dress show room and could easily be reinstated.Changing Room 1An unusually generous fitting / changing room. Suspended ceiling. Window to front creating a light and airy interior, 2 changing cubicles, built in cupboards, customer seating area.Changing Room 2Another generous changing / fitting room with window to side, spot lighting, wall mounted mirror, built in shelving, 2 further changing cubicles, customer seating area.Changing Room 3This is a smaller room at the top of the stairs with a window to the side of the premises, changing cubicle and mirrors, and a customer seating area.Under Stairs cupboard There is a useful under stairs store cupboard Work RoomLovely bright work / sewing room with window to side, generously proportioned with artexed ceiling and fluorescent lighting, work benches and cupboards etc. This could be converted to a 4th large changing area or additional show room.Second FloorTo the second floor is a generous attic room which is currently used for additional storage. This room has recently been re-plastered and decorated, large Velux window which floods the room with natural light, spare rails, manikins and hangers etc.

Tenure
We are advised that The Wedding Rooms is being sold as a Leasehold business opportunity. The existing lease has approximately 6 years remaining, and the rent is £9864 per annum which is really reasonable given the size and location of the premises.We are advised that the business benefits from being exempt from business rates.

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