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Highly profitable designer wedding dress business for sale

Wallingford, Oxfordshire
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  • Leasehold: Price on Application
  • Turnover: N/A £0 Per week
  • Net Profit: N/A

Business Details

Bridal Reloved Wallingford is a thriving, popular and innovative franchise offering desirable designer wedding dresses at half the usual cost to the women of Oxfordshire and surrounding town and villages.

Operating by appointment only from a listed building ensures each bridal party feels special and receives personal attention. The business is renowned for exceptional customer service and won the South East Wedding Boutique of the Year at the English Wedding Awards in 2019.

Despite the pandemic conditions, turnover has shown consistent double-digit growth – sales approximately doubled from 2019 to 2021, with excellent profit margins. It has a 10,000-strong following on social media.

Stock with a retail value of more than £200,000 is included in the sale.

 

Growth Opportunities

Significant scope exists for a new ambitious owner(s) to grow the business significantly, including:

·         Opening a second boutique to double appointments

·         Adding once-worn dresses to the current offering

·         Increasing marketing and attending wedding fairs

·         Adding related add-on services such as shoes and bridesmaids’ dresses

 

About Bridal Reloved

Bridal Reloved is one of the UK’s largest bridal chains and the world’s only chain of pre-owned and sample wedding dress boutiques. It sells high-end pre-owned wedding dresses through friendly and welcoming boutiques.

The Bridal Reloved head office will give you all the help and support that you need. Full training offered includes how to source and price suitable stock, how to become an expert at knowing which brands and styles are the most popular, and how to give professional styling advice.

Because of this comprehensive training and support, you do not need to have a background within the wedding industry, nor retail, to own this business.

You are however expected to have a passion for the industry and a willingness to provide a level of customer service that surpasses people’s expectations. You are, after all, a vital part of the bride’s biggest day!

If you'd like to learn more about this unique opportunity, please contact Franchise Business Brokers. 

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Key Features

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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