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Memory Studios
Location: United States -> New York -> Upstate New York -> Albany
Industry: Retail > Other Retail




Business Summary

170' frontage on upper central Ave. Located on one of the busiest corners in the City of Albany. Monuments both cemetery as well as civic. Large display with a CAD system This is turn key. Lots of room for expansion all property is zoned commercial. Included are two other buildings which are rented and bring in a monthly income of $4,000. Great for a family business. This is the only memorial business in the city of Albany.

Business was started in 1940 and has been held in family ownership until the present. We serve the Capital District in providing memorials across all ethnic and religious groups to satisfy all personal needs and doing civic memorials which are testaments to outstanding individuals. There are many income streams like Cemetery lettering, setting, washing and repairs.

My brother and I have decided to retire but will be available for transition and training over a reasonable period of time. The office is located on a busy thoroughfare in Albany, NY with our display located adjacent to the office.
This is an excellent opportunity for a family to buy a very lucrative business.
Check out our web site Memorystudios.net and google 1032 Central Ave for pictures. For more information please email or contact us at (518) 438-4486.
We would discuss separating the business from the property.


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $30,000
Cash Flow:   $625,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  Not included
Seller Financing:  No

About The Business

Year Established:  1940
Number of Employees:  1 - 3
Relocatable:  Yes
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  2 months worth.
Reason For Selling:  Want to retire.

Photos

View Larger Photo(s) Of Business
Memory Studios Photo 1 Memory Studios Photo 2 Memory Studios Photo 3




Print Listing Id: 700169435
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