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Business For Sale
WELL ESTABLISHED CUSTOM FRAME & ART SHOP!
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Asking Price: |
$225,000
USD USA Dollars
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Business for Sale Industry: |
Services: Non-classifiable
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Reason for Selling:
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Other business interests. |
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Year Established:
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1960 |
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# of Employees:
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Owner + 2 FT |
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Yearly Revenues:
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$284,326 |
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Yearly Cash Flow:
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$83,748 |
Business for Sale Overview:
Can you picture yourself as the owner of this 50 year old frame shop. It's location is perfect along a highly traveled road with close to 100,000 cars passing it a day. The inventory is remarkable with almost $100,000 of prints, frames, mats, hardware and accessory pieces. Right now, you can earn $95,000 before debt service as a hands-on owner. After debt service you can still earned $70,000+ on a $100,000 cash investment. Sales have started to climb back up due to the current owner's involvement. He wants to pass the baton to a new owner and let you bring the sales up to $400,000+. This is truly a fun business and you'll love working with drawings, prints, photos and other things of beauty. The fully trained staff will make acquisition as easy as it gets.
Property Features and Assets:
6,300 sq. ft. of fully stocked space fronting a major highway. The walls are filled with frame samples, and there are pictures throughout. Current rate is $4,400/mo. There are 3 five year options.
Market Competition and Expansion:
Competition: There are other competitors, but they are more expensive and do not provide the same high quality. Growth and Expansion: More coupon and direct mail marketing should bring in a great deal of business.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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