Asking Price: $90,000 Gross Revenue: $220,000Cash Flow: $50,000EBITDA: $50,000Inventory: $8,000 included in asking priceFF&E: $50,000 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 20+ years, this 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 this business 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 -- NOT a new franchise or start-up opportunity. Long-term training and support are provided by the Franchisor. Absolutely no experience is required to operate this franchise. The Franchisor makes training available at no cost to every new employee.
Some of the many advantages include:
-- High Margins
-- Repeat Customers
-- 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.:
Leased storefront in high end shopping strip mall, part of a large upscale shopping complex in a very fast growing community of high end residential and commercial development.
One big box retailer (Michael's) in the area. Only 3-4 small, private frame shops in area survived the recent recession. Significant sales growth potential exists for aggressive marketers. This business has an excellent reputation for quality work and customer service.
Growth & Expansion:
Business is located in the fastest growing area of a very affluent county in Florida. Over the next 5 years, 5,000 new upscale residences are planned to be built within a 5 mile radius of the store.
Franchisor provides a two week training course at their facilities in California covering all aspects of custom framing technique, equipment operation and basic business operations. Attendees pay only for travel and lodging expense.
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.