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- RE: Stunning Formalwear Boutique, Designer Inventory!
- Contact: Trent Lee
- License #: S.0183611.LLC
Quick Facts
Asking Price: | $75,000 | |
Annual Revenue: | $607,177 | |
Net Profit: | $25,805 | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2008 | |
Employees: | 14 | |
BBN Listing #: | 990240 | |
Broker Reference #: | 101-24225 |
Business Overview:
This well-established boutique has been dressing New Jersey and tri-state area customers for over 17 years, specializing in formalwear for prom, weddings, and other milestone events. Known for its top designer inventory—like Sherri Hill, Jovani, and Mon Cheri —this business blends personal service with high-end fashion. Clients book appointments to ensure one-on-one stylist attention, a strategy that has built a loyal customer base and sets the boutique apart from competitors. Operating in a 2,500 sq. ft. space in Livingston, New Jersey, the boutique serves up to 60 clients per day during prom season, which runs January through April. The business is seasonal, with lighter hours in the summer, and sees another uptick in fall. While about 5% of sales are online, most revenue comes from in-store visits where customers can try on dresses before purchasing. With roughly $150,000 in inventory and strong vendor relationships, the business is set up for smooth operations. There’s no debt, and the current rent is $4,300/month with a new lease signed just last October. The staff includes a reliable seasonal team plus three year-round employees. A buyer could grow the business by expanding into bridal, accessories, or high-end mother-of-the-bride gowns, or by adding credit card surcharges to improve margins.
The seller is committed to a smooth transition, offering exceptional support and training. Additionally, the experienced and dedicated staff are willing to continue with the new owner, ensuring continuity and stability. For further details, including a confidential opportunity summary with financials and photos, please request more information using the form on this page. Upon request, a Non-Disclosure Agreement (NDA) will be promptly emailed to you.
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Property Features and Assets:
This is a leased location of 2,500 square feet with a Total monthly rent of $4,300. Lease ends 04/2027. Seller is active with 14 PT employees. Hours of operation are 12 PM – 5 PM, Five days a week. $200,000 in inventory available for financing with 50% down. No special license required.
Reason for Selling:
RetirementAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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