Asking Price: $699,999
Gross Income: $1,552,050
Cash Flow: $233,031
Located in a bustling and upscale downtown in Northern New Jersey, this owner-operated, high-end designer consignment boutique generates over $1.5 million in annual gross sales with over $200,000 in net cash flow for owner/operator. Established for over 30 years, this well known boutique has become a regional destination for authenticated designer fashion, including top luxury labels like Chanel, Hermès, Louis Vuitton, Gucci, Fendi, Cartier, and more. Its brick-and-mortar success is complemented by a thriving e-commerce platform, which produces over $200,000 in verified online sales annually and is ripe for further digital expansion.Growing at a nice pace at around 20% YoY. SBA 7(a) SBA Lender Pre-Qualified, Subject to Buyer Approval!
Highlights & Strengths
- Owner-Operated & Profitable: Current ownership is hands-on and well-integrated in the daily operations. This boutique is turn-key and ready for a seamless transition.
- Tariff-Proof Model: As a U.S.-based consignment operation, the business is shielded from international tariff and import volatility, ensuring predictable, stable profit margins.
- Strong Online Sales & E-Commerce Platform: SEO-optimized and professionally designed website supports a growing stream of verified online orders. Huge upside with expanded digital marketing and influencer campaigns.
- Premier Location: Located in one of Northern NJ’s most affluent zip codes, surrounded by upscale retail, dining, and dense foot traffic.
- Established Brand Presence: The boutique has been featured on national television, radio, and local news outlets, bolstering brand recognition and credibility.
- Sustainable Luxury Model: Taps into the booming resale industry and consumer demand for eco-conscious shopping.
- Loyal Clientele & Consignors: Over 10,000 consignors and a strong base of repeat customers from surrounding areas such as Summit, Short Hills, Maplewood, Basking Ridge, and beyond.
- Authenticity & Quality: All items undergo a professional, multi-step authentication process, fostering buyer confidence and industry trust.
Call or text Bobby Mort if you would like to learn more 856-239-1213
Email: bobby@eastcoastbusinessbrokers.com
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