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Business For Sale

Up Scale Gallery & Frame Shop - Price Reduced!

Oakland County, MI

Services: Printing, Shipping, Signs

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$80,000
$227,505
Not Disclosed
$75,938
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1984
3
608428552
Owner Financing is Available!
Seller financing might be available to a well qualified buyer with 50% down.

Business Overview:

Seller will consider all reasonable offers! Located in one of SE Michigan’s destination downtown cities, this gallery and frame store has been around for over 26 years! This 100% Michigan business specializes in the highest quality custom framing and showcasing local Michigan Artists and has been featured in various publications. Recently voted “Best of Detroit”! The showroom is packed with molding and mat samples, interesting framed art pieces and gifts. The owner is active in several local business organizations and trade groups. This activity along with very specific print advertising drives sales. Currently the business maintains cash flow with a small staff. If the sales trend continues additional staff may be necessary. A potential buyer should work in the store full time and can be trained in sales and/or framing techniques. A good eye for color and design is a plus. Original art is valued at $10,000 and available for separate purchase.

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:

1,750 square feet leased free standing building- lease ends 9/2011 rate: $2,300 per month plus CAM. Very good foot traffic.

Reason for Selling:

moving out of state

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.