Financing: $400,000.00 Down and Seller will finance $250,000.00 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 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 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.