Prom Dress Destination - Special Occasion Retail Boutique

Essex County, NJ
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Asking Price:$225,000
Gross Revenue:$677,855
Rent:$3,233.75
Established Year:2007
Cash Flow:$130,243
Inventory:$125,000
FF&E:$3,000
BUSINESS DESCRIPTION

Price Reduction... It's like Kleinfeld's for Proms! Upscale special occasion retail boutique specializing in the sale of prom, mother of the bride and party gowns. Incredible brand within the tri-state area with a strong repeat customer base. Vast majority of revenue occurs in spring months and this business is perfectly positioned to add complimentary lines of business in off-season. Inventory value varies from $150K to $300K depending on time of year. By appointment only business model. Business price of $225K includes $125K in inventory. Call today to learn more about this 17+ year old thriving business. NDA and Buyer Profile required.


DETAILED INFORMATION
Location
Essex County, NJ
Inventory
Included in asking price
Real Estate
Leased
Building SF
2,587
Lease Expiration
30/10/2026
Employees
10
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Lease Terms Options: Monthly Rent $3,500 plus CAMs $350
Support & Training
# of Weeks Seller Will Offer Training: 1
Reason for Selling
Retirement
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Sheri
Spiewak
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Sheri Spiewak