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Custom Art Framing Store In Prime Area
Location: United States -> New York -> New York County
Industry: Retail > Other Retail




Business Summary

After 30 years in business, the owner of this Well-Established and Very Profitable Custom Art Framing and Interior Design Store in Prime Manhattan is ready to retire, but not before he imparts his valuable know-how, customer accounts, and vendor relationships to you. Customer accounts include a multitude of architects and designers, as well as loyal retail customers, who keep getting minted ever day after day from neighborhood walk-ins ad generally heavy foot traffic. The shop offers museum quality framing for fine art, mirrors in all shapes and sizes, shelving, table tops, custom-made glass shower and steam doors, and much much more. You now have an opportunity to acquire a real gem at only 2 times the owner's discretionary cash flow of $360,000. The seller only requires $500,000 down on an asking price of $720K. $75,000 of raw and finished inventory and another $75,000 in equipment are Included in the Ask. Skilled employees, which include a master framer, internet marketer, and delivery man/installer, will stay on. The seller will discuss the unusual, but very favorable lease situation with you when you meet with him in person. Please upgrade to premium membership to obtain the name and address. Please call 1-877-735-5224 for further information.


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   $720,000
Cash Flow:   $360,000
Cash Flow Type:  EBITDA
Seller Financing:  Not Disclosed

About The Business

Year Established:  2010
Number of Employees:  1 - 3
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased

About The Sale

Management Training and Support:  Seller is willing to train new owner.
Reason For Selling:  Other interests.

Photos

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Custom Art Framing Store In Prime Area Photo 1 Custom Art Framing Store In Prime Area Photo 2 Custom Art Framing Store In Prime Area Photo 3




Print Listing Id: 700249551
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