Profitable And Turnkey Picture Frame Business
Not Disclosed, TX Lubbock County
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- RE: Profitable And Turnkey Picture Frame Business
- Contact: Tanner Noble
Quick Facts
| Asking Price: | $115,000 | |
| Annual Revenue: | $243,350 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $31,362 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $25,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1981 | |
| Employees: | 3 | |
| BBN Listing #: | 982049 | |
| Broker Reference #: | 76931-675803 |
Business Overview:
The business offers a comprehensive range of services to preserve, enhance, and beautifully showcase your cherished items. Their custom picture framing service provides tailored solutions for artwork, photographs, and memorabilia, with a vast selection of frame styles and finishes to complement your piece and décor. They also specialize in canvas stretching, expertly mounting loose or rolled canvases onto sturdy wooden stretcher bars for a taut and polished display. For delicate handmade textiles like needlepoint and cross-stitch, they provide precision stretching and mounting to protect the integrity of these intricate works while presenting them elegantly.
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Property Features and Assets:
Monthly Rent: $2,342.00
Square Units (Foot, Meter): 2,342
Lease Expiration Date: May 30, 2028, 10:00:00 PM
Facilities: Located in a strip center proximal to Loop 289.
Market Competition and Expansion:
Competition:
Biggest competition is from a few big box stores.
Expansion:
Potential growth opportunities for the business include expanding into online sales, which would allow the company to reach a broader customer base by offering custom frames, art prints, and framing services to a nationwide or even global market. This could involve developing an easy-to-use online platform with tools for customers to visualize their frames and access virtual consultations. Additionally, the business could strengthen relationships with interior designers, positioning itself as a reliable resource for framing solutions for residential, commercial, and corporate projects. Another growth avenue is partnering with organizations like universities and banks, providing framing services for diplomas, awards, and historical displays. These strategies would not only increase sales but also establish the business as a trusted partner across various sectors, helping to drive both revenue and market visibility.
Reason for Selling:
Moving on to other thingsAdditional 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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