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Evening Gown Boutique In New Jersey For Sale

New Jersey, US
Asking Price:
$740,000 Inventory / Stock included
Sales Revenue:
$475,000
Cash Flow:
$290,000

LISTING ID # 36217

This well-established evening gown boutique has been thriving for the past 19 years, impressively weathering economic downturns. Located in New Jersey, with a population of 9 million, it experiences bustling activity, especially during its peak season from January to June. Specializing in various occasions such as proms, sweet 16's, mother-of-the-bride, black tie affair attire as well as dressing clients that walk the red carpet. The brand name and reputation of this boutique has resulted in becoming a community favorite as well as attracting long standing clientele in the northeast. Known for its meticulous attention to detail and promotion of body positivity, it has garnered a loyal customer base. The store also offers 8 dressing rooms, accommodating several customers and personal and private service. The owner's dedication has resulted in a business that now requires only 70 days of work per year. Through strategic decisions and valuable connections, the shop commands markups ranging from 350% to 1500%. It has received recognition from local newspapers and news channels, solidifying its status as a must-visit destination. For more information, contact broker Marie Goldstein.

Business Operation

Reasons for selling:

Retirement

Employees:
1 FT/3 PT
Years established:
19

Other Information

Support & training:

Seller will train

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

500,000.00 Down & balance of $240k for 36 months @ 6%

Furniture / Fixtures value:
$35,000
Inventory / Stock value:
$400,000 - included in the asking price