Financing: $500,000.00 Down and The Seller will finance $220,000.00 over 24 months at 6%
Reason for Selling:After 30 years in business, the seller is ready to retire.
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 day after day from neighborhood
walk-ins and 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.
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 firstname.lastname@example.org or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.
Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller.