Listing Number: 189597-549036
Description
Step into a profitable and well-established gown rental business in the heart of Lakewood, NJ. Operating for seven years, this business has built a strong reputation for providing designer gowns for the mothers and sisters of the bride and groom. With a curated inventory of 580 gowns sourced from Turkey and top Israeli designers, it serves a loyal and fashion-conscious clientele.
The business operates just two nights a week with low overhead and high demand. Rentals are priced at $450 for new gowns and $350 for worn ones. An on-site seamstress offers alterations for an additional charge, and professional cleaning is included in the rental service. Inventory is refreshed biannually through exclusive fashion shows in Brooklyn to keep styles current and in demand.
With an established customer base and strong profitability, this is a turnkey opportunity with room to grow by expanding hours and marketing efforts. Fully stocked and ready for a smooth transition, this business offers a great investment with minimal time commitment.
Listing Details
- Price: $145,000
- Down Payment: $72,500
- Sellers Discretionary Earnings: $45,000
- Total Sales: $0
- Location: Lakewood, Ocean County, New Jersey
- Inventory: $120,000
- FF&E: $2,000
- Employees: 2
- Reason for Selling: Owners have another growing business
- Category: Clothing