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- RE: 40 Year Old Art Framing Shop
- Contact: Paul Ihrig
Quick Facts
Asking Price: | $175,000 | |
Annual Revenue: | $228,396 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $86,847 | |
Total Debt: | Not Disclosed | |
FF&E: | $7,500 | |
Real Estate: | Not Disclosed | |
Year Established: | 1984 | |
Employees: | Not Disclosed | |
BBN Listing #: | 950182 | |
Broker Reference #: | 2301869851 |
Business Overview:
40 PLUS year designer and maker of custom wood and metal picture frames, with 25 years under current ownership. Located in an upscale area of the county, this shop has an excellent reputation and consistent revenues without advertising, direct sales or marketing. They have an extensive selection of custom framing materials and moldings from which to choose. Business comes with a large customer list. No experience necessary, owner will train! Solid books and records and a real money maker!! All framing equipment in place. Reputable company with focus on customer satisfaction & quality craftsmanship. Grow this business by adding more corporate accounts and interior designers. Can also add award plaques & trophies, as they already provide engraving. This business offers a significant opportunity for a hands-on, ambitious, creative individual. Seller owns the real estate, and will provide a new lease with first right of refusal to purchase the property, which was built in 2006. Great business for a couple, or two family members. SDE includes allowance of $31,200 to replace the second owner. Call today!
Please refer to listing number 2301869851 and advisor Paul Ihrig when inquiring about this listing.
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Property Features and Assets:
Lease/Month: $2,500; Square Footage: 1,671; Building Type: Commercial condo; Terms & Options: very negotiable; Expiration Date: 12/31/2034.
Market Competition and Expansion:
Non Compete ; Miles: 10; Years: 3
Reason for Selling:
RetirementAdditional 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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