Prom Dress Destination - Special Occasion Retail
Not Disclosed, NJ Essex County
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- RE: Prom Dress Destination - Special Occasion Retail
- Contact: Sheri Spiewak
Quick Facts
| Asking Price: | $250,000 | |
| Annual Revenue: | $677,855 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $130,243 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $3,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2007 | |
| Employees: | 10 | |
| BBN Listing #: | 947314 | |
| Broker Reference #: | 64646-517128 |
Business Overview:
Prom Dress Destination - Special Occasion Retail Boutique
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 $325K includes $125K in inventory. Call today to learn more about this 17+ year old thriving business. NDA and Buyer Profile required.
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Property Features and Assets:
Monthly Rent: $3,850.00
Square Units (Foot, Meter): 2,401
Terms Options: Monthly Rent $3,500 plus CAMs $350
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
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