Asking price: £48,500

Sales revenue: £57,000

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
Advent Business Sales is pleased to offer to the market this extremely well established picture framing business, which has been trading successfully for the past 24 years.

The current vendor has been in ownership since is inception and is reluctantly selling due to retirement plans.

Our client has achieved an enviable local reputation and 25% of sales are represented by the larger colleges, commercial customers and main stream artists, most private customers are either repeat or recommendation.

The business offers a comprehensive picture framing service from traditional to designer frames and single or multi layered windowing, pen lining and glazing. As well as this, boxed displays are available as well as frame restoration and re framing, a small amount of restoration work is also carried out on oil paintings.

All frame shapes are available from square/oblong as well as oval and round.

The shop is set out to be a small gallery, selling a number of selective pictures as well as showing to customers the various types of jobs that can be carried out, including the many frame types and window colours available.

Signed football shirts and lace work are popular alternative treasurers to frame as well as posters, certificates and medals.

A computerised guide book has been compiled to work out quickly how much a job will cost for the client.
REF: 9340NG

Property: Leasehold

Lease terms
TENURE: Rent – lease available Rent: £400 per month We are advised that the annual business rates are currently: £490

Location
Our client’s picture framing business is conveniently located opposite the car park of the towns biggest DIY shop, giving massive exposure to all who visit there.

The town the business is located in is a major centre outside the city of Nottingham and is densely populated, it is also close to the M1 motorway, giving good access to the rest of the country.

The vibrant city of Nottingham also has major rail links to the capital

Expansion potential
There is excellent potential to increase turnover by: 1. Install on line computer to sell prints from shop 2. Offer schools, colleges and art colleges discounts 3. Show sports and leisure centre what is possible to frame (football shirts etc) 4. Join and attend fine arts trade guild – networking and derived discounts given 5. Loyalty cards for regular customers 6. Possibly offering a delivery service

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