Listing Number: 189597-621240
Description
This women’s plus-size clothing store, opened in 2022, is a well-established boutique known for current and modest fashion for teens and adults. The business is doing approximately $1.2M in annual sales with an SDE of about $160K. It operates out of a 1,500 sq. ft. rented space in a new, upscale shopping center with excellent visibility, ample parking, and a long-term lease already in place. The owner has over 30 years of retail clothing experience and built the store with a solid marketing foundation, creating a well-recognized name in the community. A trained sales team is already in place, and the owner is willing to provide training and remain as a consultant to ensure a smooth transition.
The store works with about 20 reliable suppliers and carries a full range of everyday wear, along with a recently added line of special-occasion gowns. It serves a strong customer base of religious Jewish women, many of whom travel specifically to shop here because of the store’s reputation and consistent quality.
This is a turnkey opportunity for a buyer with retail experience who wants to continue growing an established brand.
Listing Details
- Price: $550,000
- Down Payment: $400,000
- Sellers Discretionary Earnings: $160,000
- Total Sales: $1,200,000
- Location: Ocean County, New Jersey
- Inventory: $150,000
- FF&E: $50,000
- Employees: 7
- Year Established: 2022
- Reason for Selling: Retirement
- Category: Clothing