Price just reduced! Motivated Seller -Art Gallery/Custom Frame Shop

Lakeside, AZ (Navajo County)

Price just reduced! Motivated Seller -Art Gallery/Custom Frame Shop
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Asking Price: $62,000

Cash Flow: N/A

Gross Revenue: $55,000

EBITDA: N/A

FF&E: $12,000

Inventory: $80,000

Rent: $700 /Month

Established: 2002

Price just reduced! Motivated Seller -Art Gallery/Custom Frame Shop

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Business Description

Motivated Seller, A good time to call- A good opportunity to purchase a business that has been in Lakeside for over sixteen years. A great small business that does custom picture frames and is a well-stocked Art Gallery. All inventory, framing equipment is available to purchase in this leased facility. Excellent location right on the main street of White Mountain Rd. Great visibility!
Easy to improve sales with increased hours. Currently only open 24 hours per week. This is the only customer frame shop on the mountain and the surrounding area. Some customers come from as far away as New Mexico. The area is continuing to expand each year and new customers come into the shop each week with may long standing repeat customers as well.

Detailed Information

Location:
Lakeside, AZ
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,000
Lease Expiration:
N/A
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The 2,000 square-foot show room and frame shop for the operation. Very reasonable price of $700 per month. The lease is currently a month to month. The landlord is willing to sign a new long-term lease with a qualified Buyer.
Competition:
Call me and make an offer - Motivated Seller
Growth & Expansion:
Current owner does NO advertising, she doesn't want any more business than she currently has walking in the door. If someone wanted more business and would advertise and let residents know that they are there the business would take off. This business needs a new person looking to take on new business that is out there.
Financing:
Motivated Seller
Support & Training:
The owner is willing to provide a transition period with the new owner.
Reason for Selling:
Retirement & Health Issues
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Kevin Call

Business Listed By:
Kevin Call

Colliers International

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