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Business for Sale Summary

Evening Gown Boutique for Sale in New Jersey - 36217

Business Type: absentee business,misc. retail/non-classifiable,other personal services,owner financing available,wedding gowns/accessories,apparel and accessory store
Evening Gown Boutique for Sale in New Jersey
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Financial Information (non-confidential)

General Information
Asking Price $740,000 Down Payment $500,000
Gross Revenues $475,000 Lease Remaining Register Free to View
Owner’s Cash Flow $290,000 Number of FT Employees Register Free to View

Financing

$500,000 Down and balance of $240k for 36 months @ 6%

Business Description

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 at 877-735-5224 and seize this opportunity.

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Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.