Framed Art & Silk Plants Manufacturer & Distirb...

Charlotte, NC
Mecklenburg County


Asking Price: Annual Revenue:
Not Disclosed $605,000

Wholesale/Distribution: Durable Goods


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RE: Framed Art & Silk Plants Manufacturer & Distirb... Broker: Bill Law
Owner Financing is Available!

Quick Facts

Asking Price: Not Disclosed
Annual Revenue: $605,000
Net Profit: Not Disclosed
Cash Flow: $150,000
Total Debt: Not Disclosed
FF&E: $250,000
Real Estate: Not Disclosed
Year Established: 1999
Employees: 6
BBN Listing #: 885538766
Broker Reference #: CHARLNC001-N765

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Business Overview:

This company sells products it manufacturers like framed art and silk plants to commercial accounts, many of which are large corporate entities and governmental agencies. The business was established over 20 years ago and the owner is at retirement age and ready to pass the business off to someone who has the energy to take it to the next level. This business had a cash flow of approximately $500,000 in 2016 with sales of $1.5 Million (2016). Sales are now about half of the volume but picking up strongly in 2019. The ideal buyer will has a sales aptitude with some experience or interests in interior design. There is no formal asking price but there is approximately $500,000 in hard assets alone (Inventory and equipment). 2017 was largely a breakeven year on sales of $670,000 while 2018 had a cash flow of $150,000 on sales of $605,473. Projected Sales for 2019 are $900,000 with over $200,000 cash flow based on orders in hand in the first quarter of 2019.

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Reason for Selling:

Retirement & Health Issues

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 a franchise resale opportunity.

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