Formalwear Boutique for Sale in Livingston, NJ - $607k Revenue

This is a well-established formalwear boutique located in Livingston, New Jersey, with over 17 years of operation. Specializing in attire for proms, weddings, and milestone events, the business boasts a curated inventory of top designer brands such as Sherri Hill, Jovani, and Mon Cheri. It differentiates itself through personalized, one-on-one stylist attention, fostering a loyal customer base. The boutique operates from a 2,500 sq. ft. leased space, with a new lease signed in October, expiring in April 2027, at a monthly rent of $4,300. The business experiences seasonal peaks, particularly from January to April during prom season, serving up to 60 clients daily. While online sales account for about 5%, the majority of revenue comes from in-store purchases. The business has approximately $150,000 in inventory and strong vendor relationships. It is debt-free. The team includes three year-round employees and a reliable seasonal staff. Potential growth areas include expanding into bridal, accessories, or mother-of-the-bride gowns, and implementing credit card surcharges. The seller is committed to a smooth transition, offering 90 days of training, and the experienced staff are willing to stay on. The asking price is $60,000, with gross revenue reported at $607,177 and total income at $25,805. The business was founded in 2008.