Wedding Stationary & Gifts - Save $36,000/yearly
YES, I Do! Exclusive Wedding Invitations & Unique Gifts, offers a unique selection of social stationery and gifts for all. This exciting business is set for continued growth with a strong niche in the wedding invitations and unique gifts marketplace. YES, I Do! is located in downtown historic Hoboken since 1998, a place widely visited for its unique shops and restaurants and even internationally as the hometown of the TV hit Show Cake Boss.
After selling wedding invitations for 16 years, the owner of the store said “Yes I Do” in New York City, January 2014 and has since pursued her “happily ever after” by working together side by side with her husband.
YES, I Do! specializes in exclusive designer wedding invitations and stationery, greeting cards and unique gifts for adults of all ages, children and babies. With an emphasis on excellent customer service and a strong commitment to quality and satisfaction, this establishment has a huge presence in the community and carries a growing and extremely loyal customer base.
Its under market lease offers the business a no cost to the buyer a savings of $36,000 annual savings in rent alone, totaling over $200,000 over the next 6 years period and to the ready-to-buy buyer the best time of the year to invest with 4th Quarter highest gift revenue.
YES, I Do! sales floor extends to 1850 square feet with access from Washington Street in Hoboken, NJ; the majority of the space is used for retail with a small area dedicated to office and in the lower level there is an additional 1000 square feet for storage.
Currently the store has the exclusivity of twenty (20) different invitation designers with thousands of possibilities that customers may choose from and modify to set the tone to the one of a kind wedding experience. Our invitations department is lead by designs from Kleinfeld, Vera Wang, William Arthur, Crane, Bella Figura and Smock to mention just a few. This protected territory is sold with the business.
Additionally, as Hoboken’s only Greeting Card Store, its collection has made us a popular spot for out of the box sentiments driving selective traffic to our store, recently enhanced by the addition of the prestigious Papyrus Collection. Handmade jewelry from local artisans adorns the shelves together with a unique and refreshing selection of general gifts, children, baby and wedding tokens making YES, I Do the one-stop paper and gift shopping destination.
The current customer base consists of single and married professional double income couples. Glimmering engagement rings and baby carriages sprouting the streets with new moms from uptown to downtown have become Hoboken’s unreported trade marks. Currently in their 16th year of business, YES, I Do! has grown with its customer, it has not only provided new couples with wedding invitations and proud birth announcement but has even continued communion and bar/bat mitzvahs and even sweet sixteen birthday party invitations.
YES, I Do! is located in downtown Hoboken, 2 miles from downtown New York City and home to more than 52,034 (100% urban). Hoboken is known as a vibrant urban destination, embracing its rich history and offering considerable cultural, recreational and commercial development. The city is known for its many festivals and breath-taking views of Manhattan. It is an educational mecca, thanks to the Stevens family who chartered Stevens Institute of Technology.
Hoboken is ranked the #1 most exciting small city in America and also named one of the Top 10 Best Cities for New College Grads (Livability.com), is a Top 10 college town in the country (Princeton Review, 2012) and the #1 city in the country for Singles (Money Magazine, 2008)140,000 residents with an estimated population build out of 387,000.
Potential Growth/Expansion: YES, I Do! has tremendous growth opportunities in the multiple areas such as the wedding indus