Price Drop: Busy Custom Frame Shop

Phoenix, AZ (Maricopa County)

Price Drop: Busy Custom Frame Shop
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Asking Price: Get Financing: $199,995

Cash Flow: $89,000

Gross Revenue: $285,000

EBITDA: N/A

FF&E: $60,000

Inventory: $5,000

Lease Rate: $33 /Month

Established: 2001

Price Drop: Busy Custom Frame Shop

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Business Description

Custom picture framing is a business based on craftsmanship and design. This business is perfect for someone looking to learn a fantastic trade who enjoys art and working with their hands. This business is located in a very affluent area and serves a high end clientele. It has been in business since 2001 and the current owner has owned it since 2006. It has a very good reputation on yelp as well as google and other platforms on the internet. It was remodeled in 2015 and has a nice showroom. If you enjoy working with your hands, have an eye for design, and enjoy art, this is the business for you.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,100
Lease Expiration:
5/24/2019
Employees:
1
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
1,100 sqft space. Small, but manageable. We have yet to find a frame that can't be built in the workshop space.
Competition:
The immediate market has been shrinking due to other shop owners retiring and big box stores that providing framing services closing.
Growth & Expansion:
More commercial style framing. Adding more complimentary services such as printing and art reproduction. Also expanding the use of the sublimation equipment that is included with the business.
Support & Training:
Willing to train and will be accessible to new owners for help in future.
Reason for Selling:
Moving on to other business interests
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Business Listed By:
Not Disclosed

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