Custom Art, Mirror And Designs
Minneapolis, MN Hennepin County
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- RE: Custom Art, Mirror And Designs
- Contact: Scott Kranz
Quick Facts
| Asking Price: | $1,199,000 | |
| Annual Revenue: | $2,475,384 | |
| Net Profit: | $443,261 | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | $100,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1993 | |
| Employees: | 15 | |
| BBN Listing #: | 990322 | |
| Broker Reference #: | 235-24199 |
Business Overview:
Take ownership of a well-established and diverse artwork and framing business that has built a strong reputation for quality and creativity. Its versatile offerings and loyal clientele make it a fantastic opportunity for growth and expansion. Step into a turnkey operation with established partnerships and proven success across various industries. Don't miss your chance to own this dynamic and profitable enterprise! For additional information please contact listing agent Scott Kranz.
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Property Features and Assets:
This is a leased location of 15,589 square feet with a Total monthly rent of $16,191. Lease ends 11/2030 with 1 Option, 60 Months. Seller is active with 13 FT and 2 PT employees. Hours of operation are 8am - 4pm, Mon-Fri. $150,000 in inventory and $100,000 in FF&E included in the asking price. $40,000 made in leasehold improvements. Contractor License required.
Reason for Selling:
Pursuing Other InterestsAdditional 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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