This is a unique, high-end ladies formal wear business that services an economically robust, ethnic market. The company operates as a retail store, a rental service provider and as a proprietary design-manufacturer%u2019s representative. There are three revenue sources: retail sales of high-end, %u201Coff the shelf%u201D items (accessories are not currently sold and could be added; plenty of inactive floor space could be more productively utilized by a new owner), gown rentals (similar to the men%u2019s tuxedo rental business), and retail sales of custom made gowns and dresses. The store itself is spectacularly laid-out, and in a highly desirable location conducive for doing custom-order sales, gown rentals and up-scale retail trade. Must see to fully understand.Gowns & dresses are custom made to order by a 3rd party design-manufacturer (this retail location%u2019s current owner) through a supplier relationship with the retail store owner that enables the business to offer this big mark-up, highly sought after line in a protected territory. The current owner is focused on wholesale distribution of its product and the operation of the co.s flag-ship retail location in New Jersey. The ideal buyer for this co. is already at-least somewhat involved in the industry, familiar with the culture and seeking to expand into these lucrative and popular lines while acquiring this business%u2019s growing customer base, attractive facility and advantageous location.
Please call the broker for further information about this business.
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