Business Overview:
Profitable Business! Turn-Key Location! Reduced Price! Sellers Retiring!
This well-established art gallery and custom framing shop has been in business in the same location in the Bryan/College Station area for over 30 years now. Facility is located on a busy commercial street near the Texas A&M University campus and is centrally located for the overall Bryan/College Station area as a whole.
DISCLOSURES:
* Gross Revenue and Cash Flow numbers shown are for tax year 2020 as reported on the sellers' P&L statements.
* Inventory average value shown is approximate as reported by the sellers.
* FF&E shown is approximate as reported by the sellers.
* All information, data, financials, valuations, appraisals, etc. must be verified by the buyer’s independent professional advisors before putting any money at risk as the broker makes no warranty, expressed or implied, as to the complete accuracy of this information obtained from the seller.
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Property Features and Assets:
This business is located on a busy commercial street near the Texas A&M University campus, and is centrally located to the overall Bryan/College Station area. The retail area of the overall space consists of 1,200 square feet, whereas the storage/workshop area of the overall space consists of an additional 1,000 square feet.
Market Competition and Expansion:
Because custom framing jobs will likely remain a discretionary purchase for most consumers, this business focuses on serving the profitable niche markets afforded by its location and duration of operations, and also offering value additions, giving it a competitive advantage over its local competitors.
The end of the COVID-19 shutdowns and restrictions in the community are serving to greatly increase sales for this business. Being located close to Texas A&M University, this business works closely with the University providing framed pieces for many different A&M venues, as well as with students in providing quality diploma framing for graduating seniors, etc.
Reason for Selling:
After 30 years, the sellers are 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.
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