Custom Wood & Metal Picture Frame Business

Not Disclosed, FL
Pinellas County

Asking Price: Annual Revenue:
$140,000 $440,627

Services: Non-classifiable

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RE: Custom Wood & Metal Picture Frame Business Broker: René Brandon
Owner Financing is Available!
Seller financing available up to $70,000 for 36 months @ 5% to qualified buyer.

Quick Facts

Asking Price: $140,000
Annual Revenue: $440,627
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $30,000
Real Estate: Not Disclosed
Year Established: 1981
Employees: 5
BBN Listing #: 260430362
Broker Reference #: 890700122

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Business Overview:

40 PLUS year designer and maker of custom wood and metal picture frames. Excellent reputation for quality products. Market is made up of thousands of artists and wholesale accounts. Integrated computer platform with 2,424 active accounts. Located Clearwater -Tampa Bay, population 3.2M with 370,000 businesses.It is considered a beautiful Gulf-Front city! Sales 1/3 Florida and 2/3 out-of-state.It is a classic “main street” business that is founded and owned by one person and operated with a small staff. The owner has worked the entire 40 years, is tired and admits that he has not given the attention to the business in recent years that it requires. It does not do advertising, direct sales or marketing yet still secured sales of $440,627. The business offers a significant opportunity for an ambitious, creative and internet savvy individual whose skills are to grow a business. FINANCIAL INFORMATION: Certain steps need to be implemented to greatly improve the financial results of the business. Those steps were applied to the 2020 financial results to develop a financial Pro Forma of “what it can be” with focused management. The results are shown in the Confidential Business Profile on signing NDA. Income Statements and Tax Returns for prior years are available. First 5 months 2021 producing strong year-over-year sales.

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Reason for Selling:

Discuss with Seller.

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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