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Wisconsin Business For Sale |
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| REDUCEDGALLERY/FRAME SHOP- HIGH END WEALTHY SUBURB |
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| Attn: Tim Bullard |
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| not disclosed, WI, USA |
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| Asking Price: |
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$100,000 USD USA Dollars |
| Business for Sale Industry: |
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Retail: Home Furniture & Furnishings |
| Reason for Selling: |
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Divestiture of assets for retirement. |
| Year Established: |
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1992 |
| # of Employees: |
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4 pt |
| Yearly Revenues: |
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$266,000 |
| Yearly Gross Income: |
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$48,513 |
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Business for Sale Overview:
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This 15 year location of a well known gallery and framing shop is being sold to free up cash for the owners to enjoy their vacation home. With over 30 years in business this secondary location was opened to take advantage of one of Milwaukee's wealthiest and fastest growing suburbs. Steady revenues and just off the freeway location in one of the busiest retail centers in the state have given this business wonderful returns. The owners are currently off-site owners with a full time talented manager and two long term employees, the business operates itself. Current owners and manager would be willing to give extensive training in framing, introduction to artists whose work they take on consignment and help negotiate a new long term lease for this award winning store. This store is highly profitable, however current books are combined with owner's other location. Estimated owner benefit is approximately 55,000 to this store. With $35,000 in inventory, $42,000 in leasehold improvements, 16,000 in furniture fixtures and equipment and you do the math. Priced for a quick sale. Also included are the customer database for 15 years of business that have not been utilized. This store is grossing over 250,000 per year. WOW.
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Property Features and Assets:
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Ask for Pictures. |
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Market Competition and Expansion:
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Exclusive Area, with limited Shop Space. Active owner could do very well. |
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Additional Details:
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- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner may be willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise opportunity.
- This is not a distressed business or bankruptcy situation.
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