Seller's Contact Information
- RE: Upscale Fine Art Framer In Affluent LA Area
- Contact: Shannon Smith
- License #: 01983390
Quick Facts
| Asking Price: | $169,000 | |
| Annual Revenue: | $380,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1989 | |
| Employees: | 1 | |
| BBN Listing #: | 919535994 | |
| Broker Reference #: | LA0424 |
Business Overview:
Short Business Description (Some sites restrict to 200 words or 675 characters. Some don’t. Admin will use longest possible.)
A short summary of your business, basic information such as products, services, location, market, growth, profitability
Custom picture framing business in top affluent neighborhood near West Los Angeles. Beautiful showroom full of samples and workspace. Digital previews of art in different frames helps customers choose. Frames are custom-built in the large onsite workshop. Experienced and talented master framer on staff. This is a fun and easy to run business. The facility and equipment is highly improved since current owner purchased the business a few years ago. Great landlord for this high profile two story retail space. A new owner-operator who works part time in the business and who brings a focus on networking and marketing will be a great fit. Good books and records. 2022 cashflow is down vs. previous years due to circumstances that are being improved for 2023 and will be discussed with Buyer after NDA is signed. Motivated seller has recently reduced asking price. Seller will provide excellent training and will consider seller finance to qualified buyer with industry experience, good credit and a significant down payment.
Please note this is a confidential matter and no additional information will be provided until a Confidentiality Agreement and background information has been submitted. Please hit the reply button or contact Shannon Brown to receive a confidentiality agreement and learn more about this opportunity to purchase this profitable, upscale Fine Art Framing Store.
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Property Features and Assets:
Business is in prime retail location in a busy, upscale area with lots of foot traffic, tourism and community events. Framing showroom and workshop is clean, modern and has lovely front windows that invite passers-by in. Work areas are large and have thoughtful layout, ensuring customer artwork is handled with care.
Market Competition and Expansion:
Few similar high-end picture framers in the area. Many growth opportunities if new owner adds marketing.
Reason for Selling:
Family obligations.
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
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