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Profitable Custom Picture Frame Store in SW Valley

Southwest Valley, Arizona (Maricopa County)

Retail - Home Furniture & Furnishings | Retail - Miscellaneous Retail

Asking Price $106,000 Inventory $20,000* 
Gross Income $176,042 Real Estate  
Cash Flow $50,000 Year Established 1999
FF&E $45,000* Employees 2 full time

* included in the asking price

** not included in the asking price

This is a great opportunity to buy an established business for less than the cost to start a new franchise. This franchised custom picture framing business was established in 1999. It is located in a very nice center within a major shopping district in the South West Valley. The protected territory serves the fast growing cities of Avondale, Buckeye, Goodyear and Tolleson, as well as Waddell and Luke Air Force Base. The area is filled with new homes, schools, golf courses restaurants and all kinds of businesses. The store has over 2,000 existing customers in the database. About 50% of sales are to repeat customers.

Facilities: 1200 Sq. Ft. retail space in strip center with Safeway anchor. Front room displays frames and finished goods, as well as point of sale equipment and counter. Back room contains workshop and inventory, as well as communication equipment.

Competition: The Southwest Valley has more than 70,000 names in the phone book. Phoenix was the fastest growing metropolitan area in the US last year, and the fastest growing section of Phoenix is the Southwest Valley. There are no other custom frame stores in the area served; just departments within craft stores such as Michaels, Jo-Ann's Fabrics and Hobby Lobby. There is room and demand to support 3 more stores within the franchise territory owned.

Growth/Expansion: See above

Financing: submit all offers

Support/Training: Seller will train and facillitate transition for 4 weeks, @ 20 hours per week. Buyer must attend Franchisee training in Southern California .

Reason Selling: Moving out of area

AD # 284887

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