Listing Number: 189597-372981
Description
This is the only special occasion dress store in this affluent downtown area of Monmouth County. Surrounded by high-end restaurants and shops, this store has been in the same location for 12 years catering towards women and girls. The loyal customer base comes to shop for communion dresses, christening gowns, party dresses, prom dresses, bridal dresses, bridesmaid dresses, Bat Mitzvah dresses, Sweet 16 dresses, kids dress shoes, baby dress shoes, and dress socks. The owner has many years of experience in the fashion business which results in the store having a beautiful assortment at great values. Store is open for limited hours and many customers shop by appointment which makes it attractive as a part time business. Many customers order custom dresses which limits the amount of inventory that the owner has to carry in the store. The store is very popular amongst the local Hispanic community. Store revenue is 220k plus 25k additional profit from alterations. Price includes 70k of new inventory. Owner will finance 50% for qualified buyers. The store is popular amongst the local Hispanic community.
Listing Details
- Price: $160,000
- Down Payment: $80,000
- Sellers Discretionary Earnings: $50,000
- Total Sales: $220,000
- Location: Monmouth County, New Jersey
- Inventory: $70,000
- FF&E: $10,000
- Employees: 1
- Year Established: 2012
- Reason for Selling: Retirement
- Category: Clothing
