Wholesale Framing Distributor and Retailer

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Unique Location and Expandable Niche Product
Asking Price:
$295,000

Gross Revenue:
$531,865
Cash Flow:
$48,362
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$328,000
included in asking price

FF&E:
$70,000
included in asking price

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Business Description

This business has been lender pre-qualified for financing with 25% down. Since the seller is offering financing to a qualified buyer the total down payment required would be $48,750. This is a well-respected wholesale framing supply distributor and retailer in the picture framing industry, servicing major artists and galleries in the Washington D.C. Metropolitan areas. President and Vice-President began in 1979 with the unique purpose of operating a customer-friendly wholesale framing business with a real "hands-on" manner. Since then, they have set a course for the company's success with purchases of highly sophisticated, computerized framing equipment, and as new technology came into play, their staff of skilled employees have kept pace with the new skills required to operate these advanced machines. The desired result was a small retail framing store that can provide the quality and consistency to all its customers at competitive prices.

About the Business

Year Established:
1974
Number of Employees:
8 FT
Relocatable:
Yes
Real Estate:
Leased
Facilities:
The retail front is located in a commercial area of Fairfax, VA. 7,870 square feet, 2 levels.
Market Outlook/
Competition:
Preeminent in their industry, top in their field in the DC area, been in business since 1974.
Growth & Expansion:
Outstanding potential for growth with new ownership/management.
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About the Sale

Reason For Selling:
Retirement due to illness, which is the reason for drop in revenue in 2016.
Training/Support:
Will train for 4 weeks @ no cost.
Management.
Seller Financing:
$270K down/ $25K for 60 mos. @ 6%.

Listing Info

ID:
1286603
Ad Detail Views:
927

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Business Listed by

Fred Walker

Murphy Business & Financial VA

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U.S. Census Data for Fairfax County, VA
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Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Fairfax County, VA
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Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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