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Business For Sale

Reputable Established Art & Framing Business

Cedar Rapids, IA

Retail: Home Furniture & Furnishings

Business For Sale
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$248,000
$530,000
Not Disclosed
$103,000
$85,000
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
$15,000
$50,000
1976
4
16933611

Business Overview:

Dynamic full-service Art and Framing business with a great reputation and following. This 35 year old business has both retail and business clients, because we provide art, framing, appraisals, installations, restoration, layout and design, art rotation, planning and budgeting services and art resale--a complete line of services. We also offer unique giftware. Our reputation for quality service and knowledgeable employees are well-known, as well as, our friendly staff.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Property Features and Assets:

Located on the busiest street in Cedar Rapids with 28,000 cars passing by each day, the business is housed in a wonderful two story home with a large two story addition. The property offers an outdoor sculpture garden and plenty of parking for events. The upstairs is currently gallery space but could be used for living space as it includes a kitchen and full bath. Two outside garages house a delivery vehicle and storage space for ladders, crates, packing materials and other equipment used for the business. Gallery owners own this unique property also own adjoining properties.

Market Competition and Expansion:

There are three other art galleries in town, and several framing businesses. The art galleries actually complement each other because they have such different offerings. Growth for art and framing is occurring due to flooding in 2007 and the rebuilding of our business community downtown. We have experienced more effects from that event than the recession. Fortunately art and framing sales have remained stable.

Reason for Selling:

Retiring

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Resources: