revenueshareRevenue
Capital at risk
36
Est. Months
10.5%
Director
guaranteed
Capital at risk
Director guaranteed
Amount
£
You make
£
Minimum investment is £100
Total return
£
Est. Monthly repayments
£

Rouge Boutiques Inverness is your one-stop-shop for all things occasion wear, located in the heart of the Highlands of Inverness. As an award-winning luxury ladies boutique, they stock a selection of highly regarded designer wedding wear, casual wear, and everything in-between. This also includes lingerie, making Rouge Boutiques Inverness the first boutique of its kind to have a dedicated lingerie department. They are returning to Crowd2Fund to raise funds to extend and refurbish their shop.

The one-stop-shop for all things occasion wear

Rouge Boutiques Inverness is a ladies boutique specialising in occasion wear, established by our founder, Tania, who has over 10 years of experience as a trained stylist and colour specialist. We stock day and evening looks, formal and casual, as well as a range of shoes, bags, hats, and bespoke fascinators to top off your outfit. Our exquisite clothing is designed by labels such as Condici, Ispirato, John Charles, and The Shirt Company; lingerie from Panache, Fantasie, and Chantelle, to name a few.

Our location in Inverness is situated in a prime position to attract a large footfall and has a monopoly of the market. This is our second location, the first being in Kirkcaldy, which successfully ran for 8 years previously. As the first occasion boutique in Scotland to have a dedicated lingerie department, we can literally dress our customers from head to toe! This, paired with our luxury shopping experience, led us to become an award-winning boutique, shortlisted most recently for the Scottish VOWS Awards 2018 for Best Wedding Outfitter.

Having raised with Crowd2Fund a year ago, we have returned to begin the next phase of our growth. We have big plans to extend and refurbish the shop, in order to make the most of our space, to showcase the products in the best possible way, and eventually increase our stock intake. For the past two years, we have been increasing our buying budget; now, we are raising money to facilitate the extension.

X

Business keeps the raised amount even if target is not met.
Revenueshare - product type
Maximum
£ 40k
Raised
£ 14k
Investors
169
Estimated close date
19d 6h

Where will the funds go?

Shop extension
£40,000

Key people

Tania Korad-Kennedy
Director

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A. Hi I do not think the castle will be converted to a hotel or restaurant. It is my understanding that is will be changed into a tourist spot with cafes. Whilst in the past we have tried to incorporate tourist trade we are more specialised and occasionally have a tourist shopping with us but that is not our market. We have a guest house and holiday home and market the shop through these but again it does not attract much business.

A. We have connections with lots of businesses in town and network with businesses out with when we are wedding fayres etc. So we have a good coverage of people recommending us, even other boutiques will recommend us. People from London are ladies often of hen weekends or with daughters in the area.

A. Yes that is the only reason I am doing it. I purchased the shop in August last year so I have invested in the business financially to allow me to make the changes to improve and increase the business.

A. We have a website and are planning on putting Lingerie and lower priced items on. The website is new in the last six months and the part needed for the shop is waiting to be added we just need to be ready to implement it in store. We would never sell our higher priced items on line due to cost. Customers travel from the west and east coast of Scotland, the Islands and the south of Scotland, occasionally from London area too

A. Two payments to Crowd 2 Fund and that is it.

A. The GP is down because we increased our buying budget and in effect stock to give our customer more of a selection in store. Turnover in the current year is up by around 20K plus so the increase in stock is paying of however I have decreased the buying by around 15K in this season so as not to have too much excess. Try to get the balance between enough to over a good selection and save people a long journey or travelling out of town to not having too much. A fine line but mange not too badly.

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Business brand

Inverness, UK

"The one-stop-shop for all things occasion wear"

Incorporated
4 years, 10 months
Equifax score
20 / 100
Equifax Grading
powered by Equifax
Lower than average score
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