Summary
Award winning business spanning 21 years & offered for sale due to retirement. The business has constant year-round sales. Exclusive designer labels, evening dresses & accessories.
Location Details
Timeless Elegance, Shop 1 Hotel Grand Chancellor, 29 Cameron St
Located in Launceston City centre. Exquisite location in the foyer of the Hotel Grand Chancellor.
Potential
With a new and enthusiastic owner this business can only grow. It is one of only three boutiques in the North of the State and would have the largest range on offer to brides, bridesmaids and for any special occassion
Skills
Having a passion for fashion, and retail would be all that is needed. The rest we can teach.
Hours
Wednesdays through to Fridays 9.30am - 5pm and Saturdays 9am - 2pm, with much potential to increase the hours.
Lease
Current lease will expire in November. Options are available
Employees
Two fulltime employees (owners of the business) & three casuals as needed
Reason for Sale
Owner wants to retiring.
Family health issues (elderly and in poor health parents) are needing more attention, which is partly why the business is only 4 days per week currently. Lots of potential to increase the business with an enthusiastic team. The owner is open to a part purchase if the person would like to take over and manage the store, to enable them to move on personally.
About the Business
Specialising in wedding dresses the boutiques extends its range into bridesmaids, evening wear. school formals and accessories. Also offers a range of childrens special occassion wear and mother-of -the bride/groom. Clients range from 16 years to 80 years.
This business is unique to all other wedding dress stores in that it offers an in-house alterations service, setting it apart from other bridal stores.
With an almost 22 year standing, the business is well established and attracts customers from across the state.
History
The owner opened the boutique in September 2003, in a small 80m2 floor space. Within a couple of years the business expanded and was quickly the largest and most specialised bridal boutique in Tasmania, currently floor space of 180m2, and on of the longest standing business of type with the same owner in Tasmania. Professional and friendly service is second to none, and the boutique has multiple Wedding Industry Awards, including the Best Bridal store in Australia in 2019.
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