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Wallingford Area Frame Shop

Seattle, Washington (King County)

Retail - Home Furniture & Furnishings | Services - Other Miscellaneous services

Asking Price $58,000 Inventory $2000* 
Gross Income $85,000 Real Estate  
Cash Flow $29,000 Year Established 2003
FF&E $8000* Employees 1

* included in the asking price

** not included in the asking price

If you have ever wanted to be self employed here is your opportunity. This fun and popular business is located in the historic Wallingford area. It serves the local art and business communities, as well as the nearby Wallingford residents. It has a reputation for fine framing and exceptional customer service. This shop is also a favorite among local artist to show their pieces which bring in additional income as the owner collects a large percentage of each sale. The owner has spent a good amount of money and time into developing a very desirable website which is a great marketing tool for increasing internet based revenue.

Facilities: The shop is a delight to visit and work in. It is decorated and designed to appeal to the local clientele as well as provide a comfortable feel for a daily work environment. The space is leased which is coming up on renewal but the landlord is more than willing to work with a new buyer with terms similar to the current months rents.

Competition: There is always competition in this industry but this specific shop is located in an area with easy and quick access for the local residence. The owner has tied herself into the art community as well which brings in local artist and their pieces. Art and frames go hand in hand and nurturing this relationship will increase revenues.

Growth/Expansion: This frame shop is located within walking distance from the local residents of Wallingford. Expansion potential resides in greater advertising efforts and sales of other frame related pieces such as mirrors and artwork.

Financing: Cash at Closing

Support/Training: Negotiable

Reason Selling: Owner wished to pursue her other career goals.

AD # 384401

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