Evening Gown Boutique for Sale in New Jersey
Asking Price: | $740,000 |
Gross Revenue: | $475,000 |
FF&E: | $35,000 |
Cash Flow: | $290,000 |
Inventory: | $400,000 |
Established Year: | 2005 |
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.
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