Summary
- Asking price:
- $159,000 (Furniture / Fixtures and Inventory / Stock included)
- Sales revenue:
- $268,000
- Cash flow:
- $20,034
- Years established:
- 16
- Employees:
- 1.5
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Business description
This business provides custom picture framing and awards engraving. The business operations include mounting, matting, framing artwork utilizing on-site production equipment. Framing of memorabila into shadowboxes, needle art and canvas stretching, dry mounting services are also completed on-site. Engraving production includes engraving plates to include in art and shadowbox framing, trophies, corporate plaques and acrylic awards.
This business was established in 1995 and was purchased by the current owners in 2004.
Property information
- Real Estate:
- Lease
- Lease terms:
- A new lease will be negotiated with landlord.
- Location:
- This business is located in the heart of the "Triangle Region" of North Carolina which is consistently rated one of the "Top 10" in multiple categories including Places to Live, Places to Start a Business and Places to Raise a Family.
- Premises details:
- Located in an upscale, high-traffic shopping center on a major thoroughfare.
Other information
- Expansion potential:
- There is the potential to add new products, increase online paid and organic search engine marketing, add online commerce and expand hours. However, the greatest opportunity is for the owner to be an active full-time operator.
- Competition / Market:
- According to the popular website www.yelp.com there are three other businesses in the greater Cary area providing similar services. Clientele in retail is typically defined by proximity (people tend to shop near where they work and live) and by loyalty (driven by customer service, value and product quality).
- Support & training:
- As needed
- Reasons for selling:
- Seller is interested in pursuing other activities outside the area.
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Furniture / Fixtures value:
- $51,130 (included in the asking price)
- Inventory / Stock value:
- $39,237 (included in the asking price)
Contact the seller
For more information about this business for sale, click the Contact Seller button.
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