Business for Sale Overview:
This is a regionally known Full Service frame shop. It has an outstanding location in a major shopping center with virtually no competition in the area. This business is best known for its "One Hour Framing" which gives it an edge over its competition. The business has been established since 1999 and has a loyal client base. The current owner has done very little to promote the business. The new owner could easily increase the revenues by adding art shows and an art gallery, increase marketing, offer framing classes, and become involved in the local community. The business is now open only 5 days per week and could easily increase revenues by staying open longer. The business is currently a local franchise with a 7% franchise fee, however, if the new owner does not want to keep it a franchise they do not need to. The Seller is very motivated, due to family issues, and must sell ASAP.
For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.
Property Features and Assets:
This established full service custom frame shop is located in an outstanding location. The business occupies 1200 sq ft. The base rent is $ 2,154 plus NNN charges of $600. The lease runs to 6/30/2009 with options to extend. There is a lease on the "Wizard” Mat cutter which can be renewed with a new cutter for $145 per month.
Market Competition and Expansion:
This well established frame shop has had a loyal client base since 1999. There is one other art shop in town. This is the only frame shop with "One Hour Framing" which gives it a tremendous advantage over any competitors. The current owner has done very little to promote the business. The new owner could easily increase the revenues by adding art shows and an art gallery, increase marketing, offer framing classes, and become involved in the local community. The business is now open only 5 days per week and could easily increase revenues by staying open longer.
Reason for Selling:
Family reasons force the sale
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
Contact the Seller:
To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.