Asking Price: $80,000 Gross Revenue: $123,439Cash Flow: $12,354 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $8,626 included in asking priceFF&E: $8,500 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.
Rare opportunity to own an established franchise business that's affordably priced... and just scratching the surface of its potential!
For over a decade, this business 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 it 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. And the franchiser makes training available at no cost to every new employee.
Some of the many advantages include:
-- High Margins
-- Repeat Customers
-- Few Employees
-- Low Inventory
-- Fabulous Marketing
-- 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.:
Custom framing shop, sales floor w/ design counters, displays, couch and chair, large windows on 2 sides, work room in back w/ bathroom, work-in bin, finished project storage, display window,in-stock inventory bins, work sink. Wall space for art and 2500 corner samples, tower for in-stock samples. 2 large work benches w/ carpet covering in work room, 2 blade 45 degree angled saw, vacuum press, underpinner air compressor, CMC, wall mounted glass and mat cutter, desk top computer w/ framing software on sales floor and computer in office area in work room.
High average family income area and excellent housing market. Active art community and popular tourist destination. Close to state and federal gov't facilities and employees, Close to high tech industry. Low unemployment. Relatively few competitors.
Growth & Expansion:
Excellent potential for growth and expansion w/ no frame shops in the western part of county. Great potential for marketing and branding.
The franchiser'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. Seller will also provide training and support as needed.
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.