Picture and Art Framing Retailer and Distributor

Fairfax County, VA (Relocatable)

Seller Financing Available
~ Unique Location ~
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Asking Price: $195,000

Cash Flow: $8,540

Gross Revenue: $528,643

EBITDA: N/A

FF&E: $70,000

Inventory: $328,000

Rent: $9,300 /Month

Established: 1974

Picture and Art Framing Retailer and Distributor

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Business Description

Unique Location - 7900+ Customer Base

Seller financing to a qualified buyer of $75,000 for 48 months at 6% with a down payment required of $120,000. This is a well-respected retail and wholesale framing business servicing major artists and galleries in the Washington D.C. metropolitan areas. The president and vice-president began in 1979 with the unique purpose of operating a customer-friendly wholesale framing business with a "hands-on" manner. Since then, they have set a course for the company's success with purchases of highly sophisticated, computerized framing equipment. As new technology came into play, their experienced staff have kept pace with the new skills required to operate these advanced machines. The desired result is a small retail framing store that provides quality and consistency to all its customers at competitive prices.

Detailed Information

Location:
Fairfax County, VA
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
7,870
Lease Expiration:
N/A
Employees:
8 FT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The retail front is located in a commercial area of Fairfax, VA. 7,870 square feet, 2 levels.
Competition:
Preeminent in their industry, top in their field in the DC area, been in business since 1974.
Growth & Expansion:
Outstanding potential for growth with new ownership/management.
Financing:
$120,000K down/ $75K for 48 mos. @ 6%
Support & Training:
Will train for 4 weeks @ no cost. Management.
Reason for Selling:
Retirement due to illness, which is the reason for drop in revenue in 2016.
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Fred Walker

Business Listed By:
Fred Walker

Murphy Business & Financial VA

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