Picture Frame Manufacturer/Wholesaler-Will Consider Offers
Manufacturing - Wood Products Manufacturing | Wholesale and Distribution - Wholesale and Distributors
| Asking Price: | $135,000 | Inventory: | $40,000 ++ |
| Gross Revenue: | $250,000 | Real Estate: | n/a |
| Cash Flow: | $36,000 | FF&E: | $125,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
Established in 1979, this company specializes in the production of custom assembled frames for sale to artists, photographers, art stores, print sellers, and others. Its capabilities also include large volume commercial frame production with museum and collector quality workmanship. The production workspace is large and well laid out with excellent machinery and tools in place. The company has an well-designed website with a large and easy-to-navigate online catalog which displays the wide range of frame styles as well as framing hardware. Additionally, there is a gallery for their top artists to showcase their work, which not only promotes their customers, but shows the company's framing products in their best light. This is an excellent opportunity for someone with sales, marketing or manufacturing experience who is looking for a business with growth potential. The seller is motivated and will consider all reasonable offers.
About the Business
Year Established:1979
Employees:3 full time -
Facilities:The equipment includes a full complement of saws, miters, joiners, compressors, etc. for the efficient manufacturing of custom picture frames. A 2005 Van is also included. Inventory includes a large assortment of molding and glass at $40K cost. The factory is in a clean and accessible 3300 SF facility, which also includes offices. and which rents for $1700/month. The lease runs another year and a half and is renewable.
Market Outlook and Competition:The business has an excellent reputation and market position in the region. It has the capability to produce high quality, and cost effective product in large or small volumes. It's also possible to increase the breadth of the product line to include products with new styles and new materials.
About the Sale
Management Training and Support:The seller will stay on for up to 3 months to train and orient the new owner.
Reason For Selling:Owner is under-capitalized
Seller Financing:Negotiable. Up to 20%.
KEYWORDS: Picture frames, manufacturing, wholesale, Northern Colorado, Colorado
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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