Asking Price: $160,000 Gross Revenue: $190,000Cash Flow: $70,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $4,000 included in asking priceFF&E: $60,000 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.
For over 30 years, this FASTFRAME franchise store has provided personal design and quality custom picture framing services for residential customers and commercial clients. Whether customers are looking to decorate their home, celebrate a special occasion or accent their workplace, the store has everything it takes to create the perfect framed piece.
The reputation and dedication to quality and craftsmanship is what truly sets FASTFRAME apart in the picture frame industry. At the same time, customers enjoy fast turnaround time that is made possible due to the use of state of the art, on-site custom framing equipment and an inventory of moulding, mat and glazing products.
This is an established business, this is NOT a new franchise or start-up opportunity. Long-term training and support are provided by the Franchiser. Absolutely no experience is required to operate this franchise. FASTFRAME makes training available at no cost to every new franchisee and each additional employee. The current owner is also available to work with the new franchisee in part time in the store for training & support up to a few months.
Some of the many advantages include:
-- High Margins
-- Repeat Customers
-- No Employees
-- Low Inventory
-- Fabulous Marketing
-- Trusted Brand
-- Excellent Training
-- Ongoing Support
Have a 401k or IRA? Use it to buy this business with NO tax penalties.
Everything is already established for web presence, advertising, social media, and local and national business marketing. And you will have access to a wealth of proven marketing resources, marketing knowledge and support.
About the Business
Number of Employees:
Building Sq. Ft.:
Busy location in upscale center that includes Trader Joes. Front and rear access with approx. 1/4 of space allocated to sales showroom and the remainder workshop.
FASTFRAME's frame technology training program is top notch and available to every new employee. Extensive marketing and operational support cover every facet of the business, with professionally designed advertising materials and programs developed by the franchiser's in-house marketing team. Franchise training can be supplemented with paid services during the transition.
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.