Art Restorer & Gallery forSale in Morris Cou-26592

Not Disclosed, NJ
Morris County


Asking Price: Annual Revenue:
$350,000 $350,000

Retail: Art, Photography, Accessories


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RE: Art Restorer & Gallery forSale in Morris Cou-26592 Broker: Marie Goldstein
Owner Financing is Available!
$75,000.00 Down & Seller will finance at 7%

Quick Facts

Asking Price: $350,000
Annual Revenue: $350,000
Net Profit: Not Disclosed
Cash Flow: $230,000
Total Debt: Not Disclosed
FF&E: $200,000
Real Estate: Not Disclosed
Year Established: 1975
Employees: 5
BBN Listing #: 26104447
Broker Reference #: 26592

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Business Overview:

Art Gallery - Museum Quality Frames, ART 23 CRT GOLD HAND CARVED. Art Restorer & Appraiser. Located in one of the wealthiest areas in country. 47 years in business, great income and many perks. Friendly customers, fun to do business with. Cash flow $230,000, and very little overhead. The property is also for sale with rental income potential. Property is available for 1.3 million with owner financing. Complete breakdown of tax returns and P&L available to serious buyers, check with broker for details. Property is available through owner.

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Reason for Selling:

Retiring 50 Years making frames 47 Years self employed.

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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