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Listing Id: 21681 Last Refreshed: 04/04/2022 1950 Views

Profitable Bridal Shop For Take Over!

Expired
Asking Price Price On Request
This listing has Expired

This listing is no longer active and is not accepting enquiries. The seller may renew it to make it available again.

Overview

Financial Performance

Monthly Figures
Revenue
Not Provided
Gross Profit
Not Provided
Net Profit
Not Provided
Monthly Rentalt
S$2,200

Business Operations & Assets

Owner Role
Full Time
Premise Status
Rent

Business Details

Reason For Sale

Owner would like to a permanent break after 14 in the business to spend looking after and coaching her children and to pursue a life long dream of becoming a counselling psychologist

Description

We are an established bridal boutique looking for a buyer who is passionate about wedding-related business for takeover. Established 13 years ago, we are the only plus-size gown shop with a full range of plus size bridal, occasion gowns (mothers, sisters, award recipients, party, DnD), western men’s suit, traditional wedding outfit from UK2 UK34 that caters to a niche but a steadily growing market in Singapore. We specialize in gown rental for all occasions for plus size ladies we are the only gown shop in Singapore that provides full plus-sized gown services.

We have been featured on Diva Channel's How Do I Look Asia Season 3 Finale Episode, 2018 official NDP music video, and a regular gown provider for Miss Plus Size Top Of The World.

Our shop is fully renovated with flooring, racks, lighting points, air conditioning, etc worth S$50,000.

You can choose to takeover with or without the existing business name. The takeover comes with all the renovation, gowns, suit, furniture, e-commerce website, google Maps reviews, a Facebook page with 4.9/5 rating, Instagram, rental deposit (more than S$4000), renovation deposit (more than $2000) &, etc. 

The low overhead cost of less than $2200/month rental which is really affordable, electricity cost less than $150/month.

Our price for takeover includes training for 2 months, eg. how to handle customers, how to run the business, marketing strategies as well as suppliers, vendors contacts. Should you need more than 2 months of training, owners open to discussion of being retained as employees for up to 6 months. Owners can also train any new staff you hire during the 2 months period if needed. We have ready contacts for our own in-house designer, make-up artists and photographers, and videographers and can hand them over to you. We have an in-house photography studio with pieces of equipment that are fully functional.

We've approximately S$150,000 retail price worth of gowns+ photography props+ men’s suit + traditional wedding wear + accessories (handbags + necklaces, earrings + hairpieces) + other stocks that are new and well-maintained.


The owner would like a permanent break after 13years in the wedding/bridal business to spend looking after and coaching her children and is currently pursuing her Masters to fulfill a long-time dream of becoming a counseling psychologist.

 

Only buyers who are genuinely interested kindly give me a call to view today.


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