Professional Custom Picture Framing and Art Supply Shop

IL

Seller Financing Available
Professional Art Supplies
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Asking Price: $124,900

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: N/A

Inventory: $60,000

Rent: $3,167 /Month

Established: 1961

Professional Custom Picture Framing and Art Supply Shop

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Business Description

Exclusive retail business with an impeccable reputation in a prime location in the western suburbs of Chicago. The business has a broad and extensive loyal client base, with no client representing more than 5% of the annual sales. This company has been in business for over 50 years(over 30 years with the current owner) and has developed a dedicated following in the metro area. It is located in a 2,000 sq ft facility which provides ample room for retail and workshop capabilities. An additional classroom/storage facility is leased in the same building.

The store sells professional art supplies, creative gifts and provides professional custom framing for everything from photos to fine art. It is located on a main thoroughfare with substantial traffic and readily available parking.

Sales for this business are generated primarily through word-of-mouth and reputation. The business has a limited online presence and is ripe for expansion and would see an increase in overall business with a little marketing effort.

This is the perfect business for somebody with a creative background and a business mind. This is a turn key opportunity for a buyer to take this business to the next level - an ideal business for a working family that wants to establish their own hours and a second income

Price includes inventory which is estimated at $60,000.

Attached Documents


Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,000
Lease Expiration:
N/A
Employees:
3
Facilities:
Business is located in a high traffic retail building on "the main" street in a premier western suburb of Chicago
Competition:
The current marketplace for professional art supplies and custom picture framing is fragmented with no immediate competitors in the same town. All inventory is included with the sale of this business.
Growth & Expansion:
Company could see substantial benefit from a new owner implementing an updated marketing plan to expand the company's reach. There is room for immediate growth with minimal marketing efforts through social media and an upgraded web presence.
Financing:
Seller willing to finance a portion of the sale
Support & Training:
Owner is available for up to 3 months of hands on training
Reason for Selling:
Owner wants to retire.
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Steve Morley

Business Listed By:
Steve Morley

Crown River Partners

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