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Art Gallery Shop in Kings County, NY Kings County, NY |
Listing #22384 |
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Financial Information (non-confidential) |
Asking Price |
$140,000.00 |
Gross Revenues |
$216,000.00 |
Down Payment |
$105,000.00 |
Owner’s Cash Flow |
$63,480.00 |
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Financing: $105,000.00 Down and 35k @ 6 % Over 12 months
Reason for Selling:Personal
The Big Picture, Successful Custom Frame Shop Caters to New York City Clientele Base
A frame shop with easy access to all points in the five New York boroughs and within close proximity to major transportation stops has entered the market. Proprietor has established a standard throughout New York with both custom framing skills and ready-made frames of the highest quality. No wonder this business has retained corporate accounts with some of the metropolitan areas leading art supply retailers! Specializing in both ready-made and custom frames, the artesian custom framers on staff are all long-time employees and have close to a century of framing expertise between them. Corporate and commercial accounts remain a reliable revenue source thanks largely to the relationship the proprietor has maintained with some of New York City's leading interior decorators. Additionally, this company does extensive business with a good number of photographers who depend on quality framing for their high-volume sales in the art market. Many growth opportunities exist for the next owner of this well established business. For More Information Contact Your Local Vested Business Broker, David Leventhal, at 1-877-735-5224.
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Marie Goldstein Senior Business Broker
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Servicing Area:
All of NY All of NJ All of CT All of PA All of OH All of NC All of NH All of ME
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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. |
1(877) 735-5224 | 50 Karl Ave Smithtown, NY 11787 | vestedbb.com |