Price Reduced Framing Franchise In California Beach City For Sale

Business description

Significant price reduction creates a great opportunity and can provide high ROI. Become part of the largest and fastest-growing, dedicated, custom picture framing franchise in the world at significantly less than the estimated initial investment. Purchase an existing business with an existing customer base and revenue day one. Add to that the training and support provided by a franchisor that has been working with franchisees since 1986. Learn from the success of local franchisees. This store has been run by one person who has not had the time and resources to promote and advertise the store. The store is located in a very visible retail center on a busy section of Pacific Coast Hwy in Dana Point. It is part of a multi-use retail center that houses food establishments, workout facilities, and a spa. The store has been upgraded with new equipment and the latest setup recommended by the franchisor. Great business for a couple or partners; share responsibility for marketing, inside sales and production and realize this stores revenue potential. No experience is necessary to run a FastFrame business. Over 95% of current franchisees did not have prior experience. Advantages to owning a FastFrame are high margins, low staff requirements, sociable hours, low non-perishable inventory, and complete franchisor support including a proven marketing program. Franchise transfer fee of $5,000 is not included in Asking Price. Owner is motivated for a quick sale.
Located in a multi-use retail shopping center on Pacific Coast Hwy in Dana Point. Rent is $2,132 plus CAM (estimated at $0.6324 a square foot) for 1,150 square feet; utilities are approximately $100 per month. The lease expires in April 2013 with an option to renew for five years.
Based on a Google search, nearest competitor is more than two miles away. This is a well-established business and has been in this shopping center for more than 10 years.
This franchise location has an extensive protected territory that covers Laguna Beach, Dana Point, San Clemente, San Juan Capistrano (including the Ortega Hwy to the Orange Co. border) and parts of Laguna Niguel. Franchise agreement allows adding a satellite(s) store within the territory.

Property information

Real Estate:

Lease

Lease terms:

The lease expires in April 2013 with an option to renew for five years.

Leasehold rent:

$2,132 per annum

Location:

Located in a multi-use retail shopping center on Pacific Coast Hwy in Dana Point. Rent is $2,132 plus CAM (estimated at $0.6324 a square foot) for 1,150 square feet; utilities are approximately $100 per month. The lease expires in April 2013 with an option to renew for five years.

Other information

Expansion potential:

This franchise location has an extensive protected territory that covers Laguna Beach, Dana Point, San Clemente, San Juan Capistrano (including the Ortega Hwy to the Orange Co. border) and parts of Laguna Niguel. Franchise agreement allows adding a satellite(s) store within the territory.

Competition / Market:

Based on a Google search, nearest competitor is more than two miles away. This is a well-established business and has been in this shopping center for more than 10 years.

Support & training:

In addition to franchise training, owner will train for 2 weeks at 40 hours per week

Reasons for selling:

Retirement

Furniture / Fixtures value:

$16,905 (included in the asking price)

Inventory / Stock value:

$3,000