Premier Frame Shop - REDUCED to $99,000

Tucson, AZ (Pima County) (Relocatable)

Seller Financing Available
Picture Frame Gallery Could Be Yours
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Asking Price: Get Financing: $99,000

Cash Flow: $64,735

Gross Revenue: $312,310

EBITDA: N/A

FF&E: $10,000

Inventory: $12,000

Lease Rate: $2.19 /Month

Established: 1998

Premier Frame Shop - REDUCED to $99,000

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Business Description

Work a couple of shifts and raise your take home cash flow to over $80,000. Rare retail opportunity: Valuable trained and motivated team in place, consistent sales, appears internet resistant, a near perfect location that offers a new owner several great options: Manage a few hours per day and make a solid wage, or jump in and become more hands-on and reap the financial rewards. Consistent sales for many years because of quality products, competitive pricing and customer service where the staff treats the personal treasures of their customers with great care and frames them for all to enjoy. Seller is offering unrivaled training and mentorship with limited equipment warranties to help insure long term success. Seller financing will be considered for qualified buyers. Solid lease with well-respected landlord. Priced REDUCED to well below market value to sell quickly to get new owner trained before busy and profitable Holiday season.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,286
Lease Expiration:
1/31/2021
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Beautifully built out and maintained retail space with a back room to design/construct and assemble new frame solutions. Includes all the tools and frame "corner samples" to meet any need. Trade name will not convey. Equipment and Inventory (TBD) included in price.
Competition:
There are other frame shops, yet none that compares favorably with the location, reputation for quality, pricing and customer service. This store has survived recessions and has a consistent customer base that still refers and returns.
Growth & Expansion:
New owner, once trained and enmeshed in the business of selling and building frame solutions, can expand with additional solutions and related goods (e.g. posters, art) and can significantly increase their net profit with hands-on management.
Support & Training:
Seller will mentor and train buyer for reasonable period, e.g., will train at other store locations and then provide transition trainers in the store. Seller is committed to a successful transition and long-term success of the new owner.
Reason for Selling:
Consolidating, "We no longer want to manage store from a distance"
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Contact the Seller

(from currently available funds)
 
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Bill Swan

Business Listed By:
Bill Swan

Tucson Business Investments

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Sponsoring Broker:
Jon Barger, CBB, SBA

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