Art-Related Service Company In Greater Richmond
Richmond, VA Not Disclosed
Richmond Area
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- RE: Art-Related Service Company In Greater Richmond
- Contact: Gavin Raphael
Quick Facts
| Asking Price: | $450,000 | |
| Annual Revenue: | $540,000 | |
| Net Profit: | $180,000 | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | $60,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2017 | |
| Employees: | 3 | |
| BBN Listing #: | 986795 | |
| Broker Reference #: | Not Disclosed |
Business Overview:
Light & Raphael is pleased to offer an art-related service company for sale in Richmond, Virginia. It is a niche service business with high profit margins. The company has enjoyed good year on year growth from inception apart from 2020/2021 during the covid pandemic. Recovery was swift from 2022 with expectations for over 10% growth for 2025 versus 2024.
The current owner is willing to work post-sale for the purchaser to accomplish a smooth transition. The employees are all expected to remain with the company post-sale. Employees do not receive health or pension benefits through the company.
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Property Features and Assets:
The current lease expires in the Summer of 2025 but can be extended.
Current square footage: 5,600
Reason for Selling:
Owner wishes to retireAdditional 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
Relevant Links:
- View more Virginia businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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