Seller's Contact Information
- RE: Fine Art Framing And Gallery
- Contact: Anthony Citrolo
Quick Facts
Asking Price: | $1,850,000 | |
Annual Revenue: | $951,993 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $437,360 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2004 | |
Employees: | Not Disclosed | |
BBN Listing #: | 145011983 | |
Broker Reference #: | 1252 |
Business Overview:
Available for the first time ever - T his family owned, completely turnkey business, established in 2004, offers expert archival framing for fine art, in a friendly and tranquil setting. Since its inception, the business has catered to designers, renowned artists and affluent clientele, who showcase their frames in museums and homes worldwide. The highly skilled, knowledgeable and professional staff provides personal service and always exceeds clients' expectations. The client base is huge, with many repeat customers; no single client accounts for any large portion of sales. The business is housed in a 3,000 /- square feet beautifully renovated, unique and historical building, with lots of potential for growth. The owners are ready for retirement and prepared to offer buyers the support needed to ensure a seamless transition. The staff is experienced, well trained and capable of fully managing all aspects of the business.
All this in a charming and historical downtown - once included in 'The Top 10 Coolest Small Towns in America' - just two hours from NYC and surrounded by beautiful countryside, farms and estates. On the block are restaurants, theatres, specialty retail, boutiques, antique shops and original buildings that date back to the early days of this 150 year old village. This is a wonderful opportunity for an artist, art lover or craftsperson to take over a highly successful and profitable business with an additional 1,200 /- Square Feet of unfinished space for an apartment, live/work studio, event space, retail store, workshop or
gallery (all allowed by right). Adjacent 1/2 ACRE property included for outdoor events, expansion, or additional building.
The possibilities are endless. Relocate into this quaint downtown or live in the nearby countryside and have your business here - best of both worlds! Enjoy country living: hiking, biking, gardens, picnics, antiquing, equestrian sports, swimming, boating, skiing and much, much more. Fresh air, friendly people, open spaces, gorgeous landscapes, endless
possibilities. Your new life will feel like a PERMANENT VACATION!
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Property Features and Assets:
The business is housed in a 3,000 /- square feet beautifully renovated, unique and historical building, with lots of potential for growth. An additional 1,200 /- Square Feet of unfinished space for an apartment, live/work studio, event space, retail store, workshop or gallery (all allowed by right). Adjacent 1/2 ACRE property included for outdoor events, expansion, or additional building.
Reason for Selling:
Retirement
Additional Details:
- The property is owned.
- 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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