Custom Picture Frame Shop

Douglas County, KS

Seller Financing Available
Store at night
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Asking Price: $140,000

Cash Flow: $16,000

Gross Revenue: $165,000

EBITDA: N/A

FF&E: $23,000

Inventory: $15,000

Rent: $3,215 /Month

Established: 2000

Custom Picture Frame Shop

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Business Description

Custom Picture Framing

ArtFrames is the best in custom picture framing for the city of Lawrence and the surrounding area. We specialize in custom picture framing of fine arts, memorabilia, sports collectibles, photos and more. We maintain the reputation of THE frame shop in town, surpassing others in quality, creativity and turn around time. We operate in a fun working environment with very positive and creative customers and staff, while providing excellent service. Staff includes artists and former professors with advanced design degrees and experience. Our customers are loyal, friendly and expect the best for their framing projects. The current owner of ArtFrames has been operating this business from it's inception in 2000, ensuring great working conditions and pay. This is a perfect business for someone with an art background looking for an easy paced, enjoyable job or career that is profitable, too. Often people shop franchises to get into a new business, but this is a successfully established business with a reliable high end customers. 6th and Wakarusa is the fastest growing area in Lawrence with new customers every day providing a basis of business for years to come. I have spent 20 years building this business and now it's time for a new owner to guide it into the future.

Detailed Information

Location:
Douglas County, KS
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,540
Lease Expiration:
N/A
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
ArtFrames is located in a shopping center in the fastest growing part of the city. As the oldest tenant in the building, we hold special favor with the owners. All equipment and inventory is owned by the store (no franchise). Equipment is well maintained and up to date featuring computerized mat cutters, circular saws and mounting press. All framing is done in the store.
Competition:
The market is strong in Lawrence and it is growing quickly with new homes, families and business. It is a university town with consistent business from the college and associated offices. There is only one other custom shop in a town of 100K people and just a few box stored that provide framing.
Growth & Expansion:
While this has been a single store location, business has grown each year, even through recessions. After 19 years in business, we have a reliable return customer base. Specializing in custom picture framing, there is always a potential for printing and photo editing that could be framed. There is also a potential for gallery space for art shows or showcasing local artists. Since we've been in business almost 20 years, we have earned discounted rates from our distributors and we are listed in the top 5% of sales in the country with Larson Juhl.
Support & Training:
I can train any prospects, but a background in art and framing is a benefit to keep the reputation of this shop. The framing equipment and computers are very user friendly.
Reason for Selling:
Retiring
Business Website:
http://artframeslfk.com
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Business Listed By:
Justin Kogl

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