40 Year Old Art Framing Shop

Seminole County, FL
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Asking Price:$175,000
Gross Revenue:$228,396
Rent:$2,500/Month
Established Year:1984
Cash Flow:$86,847
Inventory:$12,500
FF&E:$7,500
BUSINESS DESCRIPTION

Turn-Key!! Art Framing Shop Located In An Upscale Area Of The County!

40 PLUS year designer and maker of custom wood and metal picture frames, with 25 years under current ownership. Located in an upscale area of the county, this shop has an excellent reputation and consistent revenues without advertising, direct sales or marketing. They have an extensive selection of custom framing materials and moldings from which to choose. Business comes with a large customer list. No experience necessary, owner will train! Solid books and records and a real money maker!! All framing equipment in place. Reputable company with focus on customer satisfaction & quality craftsmanship. Grow this business by adding more corporate accounts and interior designers. Can also add award plaques & trophies, as they already provide engraving. This business offers a significant opportunity for a hands-on, ambitious, creative individual. Seller owns the real estate, and will provide a new lease with first right of refusal to purchase the property, which was built in 2006. Great business for a couple, or two family members. SDE includes allowance of $31,200 to replace the second owner. Call today!

Please refer to listing number 2301869851 and advisor Paul Ihrig (407-718-6178) when inquiring about this listing.


DETAILED INFORMATION
Location
Relocatable
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,671
Lease Expiration
31/12/2024
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Lease/Month: 2500; Square Footage: 1671; Building Type: Commercial condo; Terms & Options: very negotiable; Expiration Date: 12/31/2034
Competition
Non Compete ; Miles: 10; Years: 3
Financing
Loan/Other - Amt: 175,500 Mos: 120 Rate: 11.50 Mo Pmt: 2,467.45
Support & Training
Weeks Training: 2; Cost: $0
Reason for Selling
Retirement
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Paul
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Paul Ihrig