Formalwear Boutique with Designer Inventory in Livingston, NJ

This is a well-established formalwear boutique located in Livingston, New Jersey, with over 17 years of history serving the tri-state area. Specializing in high-end attire for proms, weddings, and other significant events, the business boasts a curated inventory from top designers 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. space and experiences seasonal peaks, particularly during prom season (January-April). The business includes approximately $150,000 in inventory and benefits from strong vendor relationships. It is debt-free, with a monthly rent of $4,300 under a lease signed in October, expiring in April 2027. The team comprises three year-round employees and a reliable seasonal staff. Potential growth areas include expanding into bridal, accessories, or mother-of-the-bride collections, or implementing credit card surcharges. The seller is committed to a smooth transition, offering extensive support and training, and the experienced staff are willing to remain with the new owner.