Business Overview:
Transworld Business Advisors of College Station is pleased to list for sale a well-established, profitable custom framing shop and gallery that's been in business for over 30 years now. This well-established custom framing shop and gallery has been in business in the same location in College Station for over 30 years now. The facility is located on a busy commercial street near the Texas A&M University campus and is centrally located within the Bryan/College Station area as a whole. This business has a reliable cash flow with minimal overhead, a loyal customer base with solid contracts in place, and is easy to maintain and operate. The location is turn-key and the asking price has been reduced as the sellers are very eager to begin their retirement. Please contact us today to discuss the terms for purchasing this profitable business!
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.
* Number of employees is now 1 Part-Time.
* 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.
Note: The assumable lease can be extended for an additional 3 years beyond its termination date for slightly higher rent.
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.
College Station Business Environment:
1). Stable local economy anchored by Texas A&M University and corporate growth.
2). Brazos Valley region was ranked # 2 in the 2019 Forbes Best Small Places for Business & Careers, thus solidifying the community’s commitment to small business.
3). Rapidly growing population -> College Station is now ranked as the 11th fastest growing city in the nation.
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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