State-of-the-Art Giclee Printing Co. for $325K!

New Hanover County, NC

Seller Financing Available

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Asking Price:$325,000
Gross Revenue:$520,000
Rent:$3,900
Established Year:2006
Cash Flow:$70,000
Inventory:$157,500
FF&E:$256,000
BUSINESS DESCRIPTION

A highly profitable state-of-the art giclee printing company is NOW AVAILABLE for $325K! Located in a high-traffic shopping center along the coast of Eastern, NC, the specialized art and photography reproduction studio driven by e-commerce sales has national clientele with no main competition in the area. The studio's professional quality of paper and canvas reproduction is made with cutting-edge printing technology and superior materials at a competitive price. Being equipped with a fully-staffed frame production shop provides the option for clients to have their fine art and photography giclee prints custom framed. Annual gross revenue is +$520K and the value of $256,000 and $157, 500 inventory are included in the asking price. Cash flow is +$70K with an opportunity to increase sales through events for local artists. To ensure the acquisition is seamless and profitable, the highly experienced owner-operator is willing to contribute consulting and part-time employment for at least one year under new ownership.


DETAILED INFORMATION
Location
Relocatable
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
3,000
Employees
3
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Main studio lease at $3900/mo. for 3000 sqft. Frame Shop lease is month-to-month at $2900/mo. for (2) 1250 sqft suites
Financing
Seller financing available for approved buyer.
Support & Training
Two weeks of training provided at no cost to the buyer with the option of fee-based consulting and/part-time employment for at least one year
Reason for Selling
Owner is retiring
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Chantay
Allen
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Chantay Allen