Business Overview:
Located on the Big Island of Hawaii this business has been offering quality custom art framing and art sales for over 40 years is being offered for sale due to the owner’s retirement. Serving both the local residents and tourists alike this business offers a buyer the following:
• Consistently profitable
• Easy and fun to operate – great long tenured employees
• Business model and great staff allow the current owner to take 5 to 6 weeks of vacation per year
• Great location, close to many customers, with plentiful free parking – especially important in Hawaii
• Business is extremely well known and highly regarded
• Interesting and fulfilling work; not boring at all
• Offers the owner the opportunity to utilize his/her creative skills in the design of framing and art sales
• Owner receives great joy from customer satisfaction
• Owner works a relatively small number of hours and makes enough money which allows him to have lots of time to enjoy Hawaii’s paradise and lifestyle.
• Great investment and market base to expand into other related products and services
• $55,000 of quality inventory included
This business is being offered with a productive inventory of framing materials and art for sale, state-of-the-art framing equipment, training by the seller and a long-term covenant not to compete.
Is now the time to express your creatively and to live in Hawaii?
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Property Features and Assets:
Sale Reason: Retirement
LOCATION DETAILS
Status: Leased;
Monthly Rent: $3,600;
($46,800 per year; 1.20 per square feet per month);
Square Feet: approximately 3,000;
Lease Expiration Date: 12/31/23;
Other Location Info: Business owner is also landlord;
Beautiful facility with plentiful free parking, close to customers.
Market Competition and Expansion:
Limited, they believe they have a 65% market share.
Reason for Selling:
Retirement
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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