Custom Framing and Art Gallery
Hancock County, ME
| Asking Price: | $49,000 |
| Inventory: | $3,000 |
| Established Year: | 2015 |
| Cash Flow: | $82,000 |
| FF&E: | $22,000 |
Listing ID: 2169203Listing provided by BizBuySell
BUSINESS DESCRIPTION
Price lowered below SDE! Busy downtown location in one of the largest tourist destinations in the state. Would make a great artist studio as well. Every custom frame goes through a meticulous quality control process, ensuring excellence. Frames are used for photos, arts, posters and other keepsakes. Revenue can easily be increased with the addition of gifts and expanded hours.
DETAILED INFORMATION
Location
Hancock County, ME
Inventory
Not Included in asking price
Real Estate
Leased
Employees
3
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Large space for displaying artwork as well as frame construction.
Competition
Small number of custom framing companies locally, but this one is the only one downtown.
Growth & Expansion
Expand offerings to tourists including gift cards, post cards, crafts/jewelry from local artists. There is a lot of walk-in foot traffic that can be taken advantage of. Currently open Tuesday to Saturday, would benefit from being open Sundays during the summer.
Support & Training
Owners are willing to stay to train. They would love to see new owners succeed.
Reason for Selling
Retirement
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