Award-winning Bridal Boutique in Oxfordshire

Wallingford, Oxfordshire
REF: R07485

Asking Price:
£99,950
Annual Turnover:
£147,000
Annual Net Profit:
£37,264
REF: R07485

Overview

Tenure:
Leasehold
Established:
2016
  • Huge scope for growth
  • Great financial profile
  • Established connections with local suppliers
  • Buzzing high street location
  • Wide range of carefully-selected stock
  • Richards Designs stockists

Since 2017 the business has retailed sophisticated, high quality wedding dresses, with accessories such as veils and tiaras also on offer. Gowns are brand new, ex-sample, or pre-loved and often sourced directly from designers, enabling brides to find their dream dress without breaking the bank. Adjusting or upcycling dresses is a key part of the business’ ethos.

One of multiple stores across the country, the business is a highly favoured bridal boutique that thrives upon the high demand for premium quality wedding dresses.

Its indisputable reputation is evidenced through its multiple bridal shop awards and strong online following.

Nestled amongst independent businesses and high street chains in the beautiful market town of Wallingford, Oxford, the boutique attracts customers locally and nationally.

Brides and their companions are welcomed into a well-organised shop floor, featuring tasteful decoration to ensure a relaxed shopping experience. A ‘boudoir’ fitting area allows clients to be fitted in private before revealing their dresses to friends and family.

The store’s online presence is outstanding, including a professional website which displays all gowns available, exceptional testimonials, blog posts, and an online form for brides to sell their dresses once worn. Its Instagram, Twitter, and Facebook accounts also have an impressive combined following of over 8,000 and continues to grow.

This is the ideal opportunity for a current wedding retailer looking to expand, or for someone interested in entering the exciting bridal industry for the first time.

Utilising the store’s excellent online presence through further online advertising could expand the current client base. Additionally, increased exhibition attendance and industry partnerships are important ways in which to showcase and develop this business.

Hiring additional staff to run the shop and extending the opening hours could also lead to greater sales by giving the clients greater flexibility.

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  • Market town location
  • Close to local businesses
  • Good public transport links
  • High footfall
  • No local competition
Rent
£16,000
Rates
£0
Lease Term
10
Lease Expiry
TBC
Square Footage
TBC
Accommodation Included
No
Premises Licence
TBC
Property Value
TBC
Planning
TBC
EPC
C 51-75

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Accounts
XXXX
Trading Entity
XXXX
Current Ownership
XXXX
Management Structure
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Number of Employees
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