Sellers Motivated ready to Retire
Ideal business for retired person or couple.
This is a beautiful store and well organized frame shop. The owners of this business strive on impeccable customer service, which is proven with excellent online customer reviews and their extensive customer database. Growth in the area will assure a higher than average revenue stream.
This is a turnkey custom framing and art gallery business which includes a retail shop with hundreds of paintings and home décor items for sale. The workshop includes all equipment and tools necessary to perform any frame job. The 1900 SF space is well appointed and includes two separate work rooms, a kitchen area and a large retail space.
Everything is already established for web presence, advertising and social media. The business is located on a busy corner of a main thoroughfare near a major interstate. Great location in the rapidly growing Charleston area.
A listing of all equipment/fixtures ($35K) and inventory ($12K) included in the sale will be provided to serious parties. Owners Motivated to Sell - All Offers Considered.
SBA Financing should be possible for qualified buyer. Call to meet the owners of this fun, enjoyable and profitable business!!
About the Business
Number of Employees:
Building Sq. Ft.:
$1.00 Per Month
Beautiful show room, good clean lay out room and separate framing tools work room.
Their quality and attention to detail beat the competition.
Growth & Expansion:
This shop is in a booming area of growth ideal for the new owners enthusiasm and quality of work.
Asking Price: $75,000 Gross Revenue: $105,634Cash Flow: $62,282 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $15,000 included in asking priceFF&E: $32,435 included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
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. See our
full Terms & Conditions.