Asking price: Undisclosed

Sales revenue: £89,000

Net profit: £35,000

Fixtures value: £10,000

Stock value: £1,000

Business description
* Strong customer base who regularly buy
* Excellent gross margins
* High quality service
* Large, beautiful, premises which can accomodate additional operations such as Pottery
* Latent potential in print and photography sales
* Central location

This is an exciting and well-run Gallery and Picture Framing business that is highly regarded in both its own City, and throughout the country due to highly successful exhibitions and special public and corporate events. The company prides itself on producing high quality framed graphics, paintings and limited-edition prints for the interior design, corporate, marketing and hotel industries as well as clients on its large and loyal customer base. It has built a strong reputation on a number of highly publicised showings of both contemporary & traditional paintings & photographs as well as limited edition prints. To compliment the quality of its customer service, the business operates from beautifully refurbished premises in one of the most prestigious and busiest parts of the City and therefore benefits from excellent foot-flow. The style & creative principals have not been at the exclusion of good business practices and, as a result, the gross margins are above average and remain robust.

Years established: over 10 years

Employees: 1 full time framer plus the owner

Trading hours: Normal trading hours

Property: Leasehold

Living accomodation
A beautifully refurbished flat is also available

Location
The Gallery is located in the centre of the City and benefits from excellent footflow

Expansion potential
The current owner undertakes one or two special exhibitions a year and the continued success of these viewings indicate they can be increased to 3 or 4 per year - increasing sales by over 50% with very little expenditure

Competition / Market
Competition is restricted to franchised framing shops which do not have the smae scope and flexibility

Support & training
The owner will be delighted to offer full support and training to both experienced artists and buyers who have an interest in art and photography

Reasons for selling
Other business interests

Financing available
YOU CAN BUY THIS BUSINESS SUNBELT NORFOLK HAS STRATEGIC RELATIONSHIPS WITH TWO BANKS WHO WOULD BE INTERESTED IN LENDING FOR THE PURCHASE OF THIS BUSINESS

Related documents

		Frames, Pictures & Photography

<< Back to businesses for sale list