DRESS UP & DANCE – FOR SALE!
- Leasehold: OIRO £20,000 plus stock (approx £30-35k valuation)
- Rent: £8,360 (subject to contract)
- Turnover: £85,000 (approx)
Looking for an exciting new venture in St Albans? Want to combine your passion for dance, drama, and dressing up? Look no further! We are selling our lovely retail business, Dress Up & Dance.
We have had such fun working together to build up the business, it’s such a great place to work. This is a fabulous opportunity to own a profitable small business with so much potential for growth. We are having to move on purely because of personal changes and the timing is perfect, as the business shows a good financial year post-pandemic.
Our fancy dress, costume rental and dancewear business is a thriving business at the heart of the local community and also serves a much wider area, since other similar shops are few and far between. We have built up several important relationships with local dance and drama schools, as well as catering for local school costume days and productions, private parties and all key events throughout the year (book week, Halloween, festivals, Christmas and New Year celebrations, to name a few). There is potential to build many more relationships with dance schools serving a wider geographical area. There is an urgent need for a local shop to fit and sell pointe shoes, something there is scope to do at Dress Up & Dance.
There are essentially three parts to our business – dance and gymnastics clothing shoes and accessories, fancy dress for sale, and costume hire. The business is, to an extent, seasonal, with peaks at the start of school terms, Book Week, Halloween, Christmas and New Year.
We supply dance uniform for all local dance schools and the main exam boards. We are well known across the city and the wider surrounding areas for our expertise in fitting dancewear and dance shoes. We have two changing rooms, allowing customers to try on clothing. We also have an area where customers can try on shoes.
We have around 800 rental costumes. Hiring costumes is very popular, for sustainability and environmental reasons among others. Potential new business streams are prom dress hire and bulk prop hire to events companies.
Our experienced part-time team is in place (if required), we have an e-commerce-ready website, and are well stocked ready for the right person to take up this great opportunity. Conveniently located just 10 minutes north of St Albans city centre, our shop sits in a row of popular stores with ample free parking.
Don’t miss this opportunity to own a profitable retail business with endless possibilities for growth. Contact us today for more information and to arrange a viewing.