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Custom Picture Framing Business

Providence, RI
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Asking Price:$129,000
Rent:$2,800/Month
FF&E:$50,000
Gross Revenue:$190,000
EBITDA:$54,000
Established Year:1990
Listing ID: 2290633Listing provided by BizBuySell
BUSINESS DESCRIPTION

Amazing Opportunity for a Young Artist to Expand Their Dreams

After over 3 decades of providing top notch customer satisfaction, this custom framing business is ready to be turned over to a new entrepreneur. Serving both the Rhode Island and Massachusetts communities, there is much growth and expansion opportunities for a young enthusiastic operator. The business is located in a 4,380sf building in Providence which is available for lease or possible purchase. A huge amount of inventory in the form of frames in various styles and size is included in the sale.
NOTE: The owners would also consider a sale of the property to the new business owners. Business must be purchased, for owners to consider a sale of the real estate.

DETAILED INFORMATION
Location
Relocatable
Inventory
Included in asking price
Real Estate
Leased
Building SF
4,380
Employees
3
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Completely turnkey business with everything in place to continue the successful operation. Abundant inventory included in the sale. Equipment, worktables, tools and much more will convey with the sale.
Growth & Expansion
With a building of this size, a new imaginative entrepreneur has the opportunity to expand this business well beyond its current use. Sitting in a high traffic signalized corner, the visibility is priceless.
Support & Training
Owner is willing to stay on during a transition period and would also consider working on a part time basis for a new owner.
Reason for Selling
Owner retiring
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Jim
Conway
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Jim Conway
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