Established Formalwear Boutique with Strong Vendor Relationships
$60,000
Seller financing available
The seller is open to letting you pay part of the price over time.
Training included
The seller will help you get up to speed after closing.
Established 10+ years
A track record buyers and lenders tend to trust.
About this business
Established formalwear boutique with 17 years of success in Livingston, NJ, specializing in designer prom and wedding attire. Features top brands like Sherri Hill and Jovani, with a loyal clientele and appointment-based personalized service. Seasonal business with strong vendor relationships and $150k inventory. Opportunity to expand into bridal or accessories.
The numbers
How the asking price compares with what the business brings in each year.
- Asking price$60,000
- Annual Revenue$607,177
- SDE$25,805
- 2.3×
- Price to SDE
- 0.1×
- Price to revenue
- 4%
- SDE margin
- Approx. Inventory Value
- $150,000
Details
- 2008
- Established · 18 yrs
- 14
- Employees
- Clothing Store
- Business type
- Leased
- Premises
Financing & transition
- Seller financing
- Yes
- Min. Down Payment
- $75,000
- Training after the sale
- Included
- Cost
- Free
- Duration
- 90 days
Property & lease
- Premises
- Leased
- Rent (monthly)
- $4,300
- Lease Expiration
- Apr 1, 2027
Where it is · Livingston, New Jersey
Somewhere in Livingston, New Jersey. The exact address is not on this listing.
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