Big Island Hawaii: Picture Framing & Art Gallery

Not Disclosed, HI
Hawaii County

Close to lots of customers


Asking Price: Annual Revenue:
$190,000 $355,000

Manufacturing: Non-classifiable


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RE: Big Island Hawaii: Picture Framing & Art Gallery Broker: Thomas Caltrider

Quick Facts

Asking Price: $190,000
Annual Revenue: $355,000
Net Profit: Not Disclosed
Cash Flow: $62,700
Total Debt: Not Disclosed
FF&E: $75,000
Real Estate: Not Disclosed
Year Established: 1978
Employees: 3
BBN Listing #: 911852757
Broker Reference #: HI frame

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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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