Profitable and Long Established Art And Art Framing Business.
| Asking Price: | $550,000 |
| Gross Revenue: | $640,000 |
| Rent: | $99,354/Year |
| Established Year: | 2004 |
| Cash Flow: | $285,000 |
| Inventory: | $100,000 |
| FF&E: | $50,000 |
Owner financing, Growth Potential.
This long established and profitable business is a retailer of high quality art and art framing services. The business deals with high end customers, who reside from NYC to the Hamptons.
The owners have reached retirement age and want to enjoy more leisure time and are willing to provide attractive financing to a qualified buyer. Present ownership had no prior experience in the art business and are willing to train a new inexperienced owner.
Over 90% of the business presently is from past customers or referrals. While the bulk of the business presently involves sales to homeowners, designers and contractors for residential homes, the owners feel that the commercial market offers a significant growth opportunity.
This is the store to visit for a homeowner seeking the perfect piece of art to beautify their home, or an interior designer putting the final touches at a new or remodeled home or office. The store presents a wide selection of original paintings from various genres, as well as limited edition fine art.
The business is well established with many long term relationships and is known by its clients for providing quality service with an enjoyable experience. The store deals with a high-end clientele who are willing to pay for good service. The business is housed in a 2,300 square foot building, on a major artery in Nassau County.
