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Business for Sale Summary

Custom Art Framing & Interior Design Store - 27517

Business Type: art/mirror/framing retail,best deals!,new to market,seller financing available,art galleries
Owner Financing
Custom Art Framing & Interior Design Store
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Financial Information (non-confidential)

General Information
Asking Price $650,000 Down Payment $400,000
Gross Revenues $900,000 Lease Remaining Register Free to View
Owner’s Cash Flow $360,000 Number of FT Employees Register Free to View

Financing

$400,000 Down and Seller will finance $250,000.00 over 24 months at 6%

Business Description

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 from neighborhood walk-ins throughout the week. 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 less than 2 times owner's discretionary cash flow of $360,000. Included in the $650,000 asking price is $75,000 of raw and finished inventory and another $75,000 in equipment. The seller is only requires $400,000 down. Skilled employees, which include a master framer, internet marketer, and delivery man/installer, will stay on. The seller will discuss the unusual, but favorable lease situation with you. Please call 1-877-735-5224 for further information.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.