PRICE REDUCTION Longstanding Picture Framing Business - Rowland Studio
Merrimack County, NH
| Asking Price: | $125,000 |
| Gross Revenue: | $373,199 |
| FF&E: | $53,900 |
| Cash Flow: | $198,442 |
| Inventory: | $24,000 |
| Established Year: | 1958 |
Listing ID: 2066339Listing provided by BizBuySell
BUSINESS DESCRIPTION
Rowland Studio represents a unique opportunity to purchase a longstanding business with shrinking competition. The current owners have been operating this custom picture framing business for 35+ years. Many of the competitors have been retiring out, leaving ample opportunity to grow. Rowland Studio has built its stellar reputation by offering top quality work while using the best equipment available in the industry. All work is done in-house which sets this business apart from other custom frame shops and helps maximize profits. A buyer with an appreciation of Art + Design would excel here.
DETAILED INFORMATION
Location
Relocatable
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,200
Lease Expiration
28/02/2027
Employees
2
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
See FF&E list.
Competition
The market that this business is located in is a growing area with several new residential and commercial developments in process. Both residential and commercial framing could see increased demand.
The competition is retiring out.
Growth & Expansion
Growth in framing business could benefit from a better marketing presence. Online / Social Media marketing is virtually non-existent at this time. Additionally, there is no longer a local camera store in the area, large format photo and canvas printing is an opportunity that is currently untapped.
Support & Training
As needed / To be negotiated.
Reason for Selling
Relocation
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