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Established and Profitable Custom Frame Shop for sale in VA

Virginia (VA)

Asking Price: Gross: Cash Flow:
$ 129,000 $ 138,972 $ 72,951

Furniture and Fixtures Value:
$ 8,020 (included in the asking price)

Inventory Value:
$ 12,000 (included in the asking price)

Business Summary:
When you're in need of a custom-made frame that fits your artwork precisely, count on this conveniently located framery shop in the crossroads of bustling Hampton Roads, Virginia. With a legacy of more than 30 years of experience, the expert framers have the skills and materials needed to frame virtually any piece of art you have at a reasonable price. From shadowboxes and basic frames to custom matting and dry mounting, this team is able to provide a stunning frame to highlight any piece of art. Whether you're an individual in need of a custom frame for a piece of fine art or a commercial location in need of several framed photographs, they can handle all of your framing needs.

 

   
Year Business was Established: 1982
   
Number of Employees: 2 FT  
   
Facilities / Terms of Lease: This operation is located in a fully subscribed, high traffic strip shopping center that is on a major traffic artery. This location provides access to a wide diversity of customers- students, commercial, residential, military, tourists, etc. The 960 square foot workspace provides plenty of room for customer greeting, frame display and back room operations. The business has two years remaining on the present lease with an option to renew. Rent is an attractive $1,895/month plus utilities.  
   
Potential Growth/Expansion: Geographic expansion and additional targeted marketing efforts to key consumer groups -- students, commercial business, etc. -- represent key growth options.  
   
Competition: There are 2 other local framing competitors. This business has been operating for 36 years running and in this specific location for 7 years.  
   
Owner willing to train: Will train for 4 weeks @ no cost.  
   
Reason for selling: Owner is focused on other business pursuits.  
   
Seller Reference Number: 2007-14034
BusinessMart.com Listing Number: 227073
 

 

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For more info contact:

Russ Bieber

Murphy Business & Financial Services
727-725-7090

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