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- RE: Custom Frame Shop In South Metro MN
- Contact: James Matheson
Quick Facts
Asking Price: | $280,000 | |
Annual Revenue: | $432,305 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $149,412 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 30 | |
Employees: | 3 | |
BBN Listing #: | 994293 | |
Broker Reference #: | 15270464-JM |
Business Overview:
VR Business Brokers, Mergers & Acquisitions has been engaged to represent a well-established custom framing shop known for providing high-end products to an affluent customer base. With substantial opportunity for growth, this business offers a turnkey expansion for an existing frame shop or a buyer looking to own and operate an artistic business.
KEY HIGHLIGHTS
• Designs, manufactures, and repairs custom framing for everything from fine art to heirlooms to sports jerseys in a well-equipped shop.
• 30-year reputation for great customer service, attention to detail, and creative designs.
• Experienced staff in place that is cross-trained for sales, design, and manufacturing.
• Serves the South Minneapolis/St. Paul Metro Area, with the recently growing sales from customers seeking custom sports memorabilia framing from Outstate Minnesota and Wisconsin.
• Company has leased the same high traffic suburban location since inception.
• Healthy customer base with loyal return customers.
Asking Price: $280,000.00
Type of Sale: Asset Sale - Cash-Free, Debt-Free
Real Estate: Leased
FF&E + Inventory: Included
Reason for Sale: Retirement >>
Contact the Seller:
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Market Competition and Expansion:
Reason for Selling:
Retiring. Kindly ask the seller for more information.Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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