Wholesale Custom Framed Art To Design Trade For Sale

Business description

This profitable business is a "to the trade" source for custom framed art directed at providing both product and service to interior designers, architects, property managers and corporate America. They have worked over the past 13 years in building their selection of both art and frames to be able to provide both products and services for their clients that cannot be matched by others!
This company's definition for "turn key" is that they design, build, deliver and install their products. They provide a level of service above any other and they stick with a project until it is completed to the satisfaction of the client. All assembly is done on site by their experienced staff. They also practice conservation framing procedures on all original art. The real estate is owned by the current owner and included in the sale, however, the owners would consider leasing, or a lease to own situation.
What this business offers is a full range of art including prints, limited editions, originals on paper and canvas, oil paintings and photography. They have thousands of subjects and media choices, innumerable mat and frame design choices and custom service to meet the customer's design needs, along with some very unique mats and frames. They also offer mirrors, accessories and custom framing.
All equipment and inventory are included in asking price.

Property information

Real Estate:

Lease

Premises details:

There are two business condos joined on both levels, in a business condominium development available for negotiation. The property is available for inclusion, valued at over $600k. The buildings are of new construction (2002) and are a loft style that makes them fit very well into the theme. The inside walls of the showroom go to a height of approximately 20 feet and 16 feet of that space is fabric covered and used to display finished product. Additionally there are two restrooms, ceiling fans, and a track lighting system with approximately 140 light heads. There is one office, a framing room that consists of joined loft areas of the two units on the upper level making it into two rooms with approximately 945 SF. Also, there is a storage area with approximately 216 SF.

Business Operation

Expansion potential:

Properly promoting this business with a better website, adding sales people and computerizing inventory would add to the growth and increase profits.

Competition / Market:

This wonderful business has grown due to customer's "word of mouth"! They offer excellent products and customer service. The primary market is regional but includes the entire east coast, work has been done in Boston, New York, New Jersey, Ohio, Virginia, South Carolina, and Florida. They have also done work in Puerto Rico. They mostly bring in business through word of mouth, referrals, trade associations, trade shows, and trade publications.

Reasons for selling:

Retirement

Trading hours:

Days: Monday - Friday
Hours: 9:00am - 5:00pm

Employees:

3 FT

Years established:

14 years

Other information

Support & training:

Owner will stay for a reasonable transition to acclimate new owner to products, services, area and clients. Business is owner operated and staff will need to be found after transitioning. All equipment and inventory are included in asking price, such as: Computerized mat cutter (rented), Frame Square 10” sliding top table saw with framing, measuring system and extensions, Miter Mite under pinner for frame assembly, 44” x 78” Seal Vacuum press, 4 assembly/storage tables, Wall mounted glass & mat cutter, 3 hp compressor, Reception station, and Two design tables.

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

Seller Financing is negotiable up to 20%

Furniture / Fixtures value:

$150,000 (included in the asking price)

Inventory / Stock value:

$700,000 (included in the asking price)

Website:

www.intlag.com/