Turn Key Art and Picture Framing Business Priced to Sell

Asheville, NC (Buncombe County) (Relocatable)

Art & Picture Framing Business
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Asking Price: $60,000

Cash Flow: $38,962

Gross Revenue: $113,600

EBITDA: N/A

FF&E: $15,000

Inventory: $1,000

Rent: $1,226 /Month

Established: 1981

Turn Key Art and Picture Framing Business Priced to Sell

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Business Description

Art and Picture Framing Business --Ideal for Expansion

A Profitable Long Established Small Business with a Great Reputation Offering a Detailed and Quality Service to its Customers could be grown to increase revenues in this Art Center of North Carolina. A Turn Key Business this opportunity is well priced with a good customer base and could be moved if required or operated from home to reduce overheads. The specialized software maintains customer records, up to pricing and accurate estimates can be produced quickly. Seller is retiring and will fully train a buyer and introduce to the strong returning customer base, Quality Precision Equipment is included with this business which has low fixed overheads including competitive lease terms. Financials are clean and maintained current. Will not last long.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,168
Lease Expiration:
5/1/2019
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Great Modern Retail Space on a main street. 1168 sq ft with an open work area and front sales area with displays. Lease currently has 2 x 2 year options from May 1st 2019
Growth & Expansion:
Stronger Promoston through an updated website and offering services through the likes of Amazon etc could increase this business.
Support & Training:
Training offered will be for 4 weeks during normal business hours at no cost with an option of a consultancy period following the training. To be negotiated
Reason for Selling:
Retirement
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Peter Garrod

Business Listed By:
Peter Garrod

WNC Business Brokerage

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