Asking Price:

$85,000

Gross Income:

$140,000

Cash Flow:

$45,000

FF&E:

$25,000.00 *

Inventory:

$25,000.00 *

Real Estate:

N/A

Year Established:

1993

Employees:

3

Business Types:

Miscellaneous Retail
Miscellaneous Services

* included in the asking price

Business Description

This business has been established in the same location for
over 20 years under the present ownership. This framing and
art gallery business is situated in a busy shopping center with
strong anchors. The center is centrally located on a heavily
travelled road in the midst of a high net worth Chester County
customer base. This turnkey operation comes complete with
an active database of over 2000 names. Specialized industry
software provides a POS (point of sale) system as well as
vendor pricing, ordering and job tracking information. In
addition the software tracks all customer contact and
purchase history. Included in the sale is a fully functioning
web site, complete lineup of high grade professional tools,
equipment and inventory worth $50,000. The gallery
represents a wonderful variety of local artists and a vast
variety of art publishers with access to thousands of works
of art for purchase. Business is closed Sunday, so a new
owner may consider staying open on Sunday to earn
additional income. An ambitious owner could replace one of
the part-time employees. This well established business does
not require any franchise fees or licensing. The sale also
includes up to one month training and support package. This
business is a great opportunity for someone who likes art as
a hobby, someone working in the industry or for a husband
and wife team looking to inherit over two decades of goodwill,
client contacts and a solid reputation in the area.

Detailed Information

Facilities:

Business is located in a highly populated shopping center. Monthly Rent is $2,700 including CAM

Growth/Expansion:

Stay open 7 days, increase web presence via SEO advertising techniques.

Financing:

Owner would consider financing some of the purchase to qualified buyers.

Support/Training:

One month

Reason Selling:

Personal Reasons

Broker Information

Daren DiSantis

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