Highly Profitable Custom Frame Shop & Art Gallery

Not Disclosed, UT
Salt Lake County

Wasatch Front

Asking Price: Annual Revenue:
$1,495,000 $712,696

Retail: Art, Photography, Accessories

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RE: Highly Profitable Custom Frame Shop & Art Gallery Broker: Eric Sorensen

Quick Facts

Asking Price: $1,495,000
Annual Revenue: $712,696
Net Profit: Not Disclosed
Cash Flow: $306,396
Total Debt: Not Disclosed
FF&E: $63,952
Real Estate: Not Disclosed
Year Established: 1985
Employees: 4
BBN Listing #: 62844955
Broker Reference #: 7405-17299

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Business Overview:

The Company is a successful and highly profitable custom frame shop, art gallery and jewelry, gifts, and home decor shop.

With a passion for both art and custom framing, the owners started the business with a mission to provide full-service creative custom framing options as well as showcase local artist/artwork in their neighborhood community. The Company is the go-to framing shop for many individual and commercial customers including; University of Utah, LDS Church, The Governor’s Office, Department of Corrections, and the State of Utah.

The Company celebrates the value of local art and host a variety of artist receptions, fundraisers, and events in the location. Many successful Utah Artists got their start here.

Revenue, revenue growth, and profitability margins are extremely consistent going back many years. By observing historical performance, a new owner can have confidence the business will continue to generate consistent revenue and cashflow into the future.

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Property Features and Assets:

Owner occupied retail location. Assets = $80,738

Market Competition and Expansion:

Minimal competition. Fragmented industry. Growing art business with events and shows. Historically, the owners hosted various artist receptions, fundraisers, and events that have been well attended and highly profitable for the business. This has been a great avenue for showcasing artists and the gallery offerings. The current owners feel a new owner with renewed excitement will have the ability to attract new artists and host more events to create new experiences for customers. The business participates in social media, but the owners will readily admit this is not their expertise. Someone with more experience in social media and use of website could generate a strong online presence.

Reason for Selling:

To retire and move onto the next chapter in life.

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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