Picture Framing Business

Norwood, MA

Seller Financing Available

One of three workstations
Asking Price:$25,000
Rent:$3,500/Month
Inventory:$35,000
Established Year:1983
BUSINESS DESCRIPTION

Custom Picture Frame Shop and Gallery

This is a great opportunity for someone wanting to start their own custom frame shop or an existing frame shop looking to expand with a minimal investment. Turnkey fully equipped custom picture framing shop at this location for 44 years, 258 Dean Street, Norwood. The $25,000 selling price includes approximately $35,000 in inventory, a huge customer base, a customer list, and 44 years of goodwill. The use of the Furniture, Fixtures, and Equipment with a replacement value of over $70,000 would be included in your monthly rent and you would have 100% ownership of the equipment at the end of 5 years. Retail and commercial Picture Framing is done easily in 5700 sq. ft. of space in a free-standing building with a large showroom with three workstations. The photo above shows one workstation. Extremely high visibility and high traffic count. Parking for at least 20 cars. This location serves the surrounding towns of Canton, Westwood, Walpole, Sharon, Dedham, Milton, and more. Equipment includes 3 Pistorius double miter saws, 2 Cassese CS200 underpinners, and a 4' x 8' Drytec mounting press. a Valiani computerized mat cutter, a table saw, 2 Flecher cardboard/glass cutters, 1 dust collector, 12 framing vises, a Canon 44" large format printer, computers, and numerous hand and power tools. The business's previous owner had average sales of around $500,000 yearly when the store was open 6 days a week. This was done with limited advertising and no promotions. A hands-on experience doing picture framing, ideally working in or running a picture frame shop is a prerequisite for this purchase.


DETAILED INFORMATION
Location
Norwood, MA
Inventory
Included in asking price
Real Estate
Leased
Building SF
5,700

BUSINESS LOCATION
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Bill Petty
Bill Petty