Established and Profitable Custom Frame Shop

VA

Established and Profitable Custom Frame Shop
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Asking Price: Get Financing: $129,000

Cash Flow: $72,951

Gross Revenue: $138,972

EBITDA: N/A

FF&E: $8,020

Inventory: $12,000

Established: 1982

Established and Profitable Custom Frame Shop

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Business Description

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.

Detailed Information

Inventory:
Included in asking price
Employees:
2 FT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
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.
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.
Growth & Expansion:
Geographic expansion and additional targeted marketing efforts to key consumer groups -- students, commercial business, etc. -- represent key growth options.
Support & Training:
Will train for 4 weeks @ no cost. Custom framing materials and the expertise to assemble, mat and frame art pieces. All business and commercial licenses are up to date and in effect.
Reason for Selling:
Owner is focused on other business pursuits.
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Contact the Seller

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Hal Feder

Business Listed By:
Hal Feder

Murphy Business & Financial Corporation

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Sponsoring Broker:
Frank Chebalo, CBI, ABI, CMSBB, CBC


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