Popular Bridal/Prom and Evening Wear Shop in Wakefield

POLLARD STREET, Wakefield
REF: R05700

Asking Price:
£10,000
Annual Turnover:
£21,369
Annual Net Profit:
TBC
Reduced
REF: R05700

Overview

Tenure:
Leasehold
Established:
2013
  • Assortment of products
  • Bespoke fitting service
  • Healthy annual income
  • Informative website
  • Potential for growth

This is a brilliant opportunity to acquire a well-established and respected bridal boutique, which offers a range of high-quality garments, all at competitive yet reasonable prices including Prom-wear and jewellery.

Catering solely for female clients, the business offers a range of bridal gowns, bridesmaid dresses, prom dresses and various accessories, all at competitive yet reasonable prices. A children's range is also available.

By offering a reliable bespoke, fitting service and a variety of designer brands, the business has amassed a loyal customer base. The business offers personalised service and staff members communicate effectively with customers and strive to provide them with the best help and advice.

Over time, this boutique has amassed a stellar reputation and large customer base. The maintenance of low overheads has resulted in healthy annual takings and the business has grown consistently each year. A new buyer is presented a solid platform which presents great scope for further expansion.

The business trades from a single-fronted, terraced building which features a large open-plan shop floor, displaying the selection of bridal wear, jewellery and shoes along the walls. There is a small counter, ideal for handling customer transactions and changing rooms to the rear. Well decorated, the business boasts high-end fixtures and fittings throughout the building.

Trading consistently all year round, the business has grown organically through word of mouth and recommendations. It currently manages a user-friendly website which showcases its available products, features customer testimonials and includes relevant company contact information.

Possessing loyal clientele and a great store, this is a fantastic platform for those with a keen interest in the wedding fashion industry. It will also suit a first-time buyer or owner-operator looking to acquire a base in this geographical location.

There exist a number of growth opportunities. Updating the current website to include an e-commerce platform would be highly beneficial and the new buyer could effectively cater to customers further afield, with greater ease, ensuring home delivery. Longer opening hours and an increased product range would also significantly increase the yearly income.

Through increased marketing via social media and the website, the business could effectively cater to its customers, boosting exposure to its services which would, in turn, grow the customers base.

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  • Close to public transport links
  • Heavy passing footfall
  • No competition
  • Residential area
  • Busy high street
Rent
£12,000
Rates
TBC
Lease Term
5
Lease Expiry
###
Square Footage
TBC
Accommodation Included
TBC
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
XXXX
Number of Employees
XXXX

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