Business for Sale Overview:
This business has been in the same location for over 26 years. The business is located in an excellent high traffic area of Loehmann's Plaza. The business specializes in picture framing, frames, art, furniture accessories, and gifts. There is no direct competition in the area. The business does both retail and wholesale business - the wholesale side could easily be increased. The business needs more internet presence; the current owner's do not even have a web site. The new owner could add interior decoration designer services. The business could sponsor art and gift shows and put on classes to teach the public how to frame and appreciate art. The Seller is very motivated and has priced this business at the value of the equipment only with no "Blue Sky". This is not a Franchise.
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 business has been in the same location for over 26 years. The business is located in an excellent high traffic area of Loehmann's Plaza. 2,659 square feet with retail floor area, framing room, and large office upstairs. Base rent is $6,738 plus NNN charges of $1,384 per month. Lease runs till 3/31/2013 with an option to extend.
Market Competition and Expansion:
There is no direct competition in the area. This is the only picture framing business that offers furniture accessories and gifts. It has been established in the same location for over 26 years and has a loyal customer base.The business needs more internet presence; the current owner's do not even have a web site. The new owner could add interior decoration designer services. The business could sponsor art and gift shows and put on classes to teach the public how to frame and appreciate art. With a new owner operator and more energy this business will boom.
Reason for Selling:
Absentee Owner Retiring
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 not 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.