Popular Online Bridal/Prom and Evening Wear Shop

POLLARD STREET, Wakefield
REF: R05700

Asking Price:
£9,995
Annual Turnover:
£21,369
Annual Net Profit:
TBC
REF: R05700

Overview

Tenure:
Relocatable
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 online 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.

Trading consistently all year round, the business has grown organically through word-of-mouth and recommendations.

The business previously traded from a store in Wakefield but has recently given back the premises' lease and now trades solely online, therefore significantly reducing the business's overhead costs. Consequently, the company is also fully relocatable and can be moved to premises according to the buyer's preferences.

It currently manages a user-friendly website which showcases its available products, customer testimonials, a blog, a vast collection of FAQs, contact information, and online appointment booking. Its strong digital presence is further bolstered through its Facebook channel, which boasts an active calendar of content and more than 3,300 followers.

Possessing loyal clientele and a great online 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 robust customer base in the Wakefield geographical location and the possibility of expansion further afield.

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 more 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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  • Relocatable
Rent
N/A
Rates
£0
Lease Term
N/A
Lease Expiry
N/A
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
XXXX
Number of Employees
XXXX

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