Profitable, Niche, Art Service Company

Scottsdale, AZ (Maricopa County)

Profitable, Niche, Art Service Company
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Asking Price: Get Financing: $1,100,000

Cash Flow: $398,241

Gross Revenue: $1,829,724

EBITDA: N/A

FF&E: $20,000

Inventory: $116,000

Lease Rate: $11.50 /SF/Month

Established: 1982

Profitable, Niche, Art Service Company

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Business Description

Established, Reputable, Scalable

This established, niche Company, was founded over 20 years ago. The Company provides full-service art and consulting services to a wide variety of clientele, nationwide. Its services are provided directly to customers, and through the design trade. The Company's industry savvy staff, collaborates and manages projects to their fruition, to insure client satisfaction. The Company has developed a sophisticated model for pricing and well-conceived systems to manage projects, that insures margins are maintained. It possesses excellent, reliable, vendor relationships with numerous artists nationwide, including suppliers of stock and unique frames, and related accessories. There are significant "barriers to entry," as well as significant impediments to replicate the subject Company. The Owner is not aware of any lawsuits pending, or threatened, or of any environmental issues located at the Company's facility or related to its business operations. This is an excellent Company, well poised to vault, financially, to the "next level" with the continuation of various growth initiatives and the implementation of other, new growth strategies.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
7,732
Lease Expiration:
9/30/2022
Employees:
10
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The Company's facility is comprised of a beautiful showroom and an efficient, production area, with excess capacity for further revenue growth.
Growth & Expansion:
There are numerous avenues which can be leveraged to expand and grow the Company. Organic growth, pertaining to "lower-cost digital" artwork and the development of custom in-house artwork, provides real opportunities to sell art at lower price points, enhance margins and gain market-share. Also, management asserts, that adding salespeople in Maricopa County and across the nation, could enhance gross revenue and earnings, significantly. Furthermore, management contends that better margins will likely be obtained by continuing and expanding upon the utilization of licensing and printing, in-house, artwork. In this scenario, the Company doesn't have to purchase art from third-parties. Additionally, further scalability can be accomplished, nationwide, to expand existing marketplaces or open-up new regions of the country. Finally, the intelligent implementation of a synergistic acquisition strategy, combined with organic growth strategies, would bring dual methodologies to grow and expand the Company's revenue and earnings.
Support & Training:
The Owner would be happy to assist the new Owner with matters of transition, familiarization, and education, respecting the Company's business operations. Furthermore, the Owner would be willing to work for, and with, the new Owner for a period of up to one year (approximately), on a mutually agreeable basis, including salary and benefits.
Reason for Selling:
Retirement
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Richard Shapiro Steve Ferber

Business Listed By:
Rick Shapiro

The Wheatley Group

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Memberships & Certifications:
Indicates membership in The Arizona Business Brokers Association (AZBBA).

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