Formalwear Boutique with Designer Inventory in Livingston, NJ

This is a well-established formalwear boutique located in Livingston, New Jersey, specializing in attire for proms, weddings, and other significant events. With over 17 years of operation, the business has cultivated a loyal customer base through its commitment to personalized service and a curated selection of top designer brands, including Sherri Hill, Jovani, and Mon Cheri. Operating from a 2,500 sq. ft. space, the boutique experiences seasonal peaks, particularly during the prom season (January-April). While online sales account for a small portion (5%), the primary revenue stream is from in-store visits. The business boasts strong vendor relationships and approximately $150,000 in inventory. It operates with no debt, a current monthly rent of $4,300, and a lease expiring in April 2027. The team includes three year-round employees and a reliable seasonal staff. The seller is offering comprehensive support for a smooth transition, and the experienced staff are willing to remain with the new owner. Potential growth avenues include expanding into bridal, accessories, or high-end mother-of-the-bride gowns, and implementing credit card surcharges.