Established, Successful Framing and Art Supply Store

Sale Pending

Asking Price$295,000

Cash Flow
$111,996
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$587,208

Inventory$130,420
Included in asking price
FF&E$30,700
Included in asking price
listing imageSave

Established, Successful Framing and Art Supply Store


Sale Pending

Asking Price$295,000

Cash Flow
$111,996
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$587,208

Inventory$130,420
Included in asking price
FF&E$30,700
Included in asking price
Business Description
Art reigns supreme over this Art Supply and Framing business. Most of the business's revenue comes from custom framing and customers seeking the staff's creative expertise to frame fine art, diplomas, pictures, and family heirlooms. The store's focus on customers leads many of its clientele to become loyal, repeat customers who appreciate the advice and service they’ve received on past projects. Additionally, the store stocks fine-art supplies, gifts, and ready-made frames and carries more than 7,000 SKUs with brands including Hahnemuhle Paper, Da Vinci brushes, and Arches paper.The business's marketing is more than selling supplies. It hosts classes in the fall and early spring including one-time sessions or series of events led by a staff member or local artist. These classes become a source for new customers and repeat customers trying new materials and techniques. The store promotes its business with an active website, social media presence, direct marketing through Constant Contact, and weekly radio advertising.
About the Business
Years in Operation
9
Number of Employees
5
Currently Relocatable
Yes
Facilities & Assets
The business operates from a 2,200 sq. ft. space in a retail mall with large, exterior store-front windows that highlight the selection of stocked items on offer. The windows also provide a clear display of activities in the store and give incoming patrons an inviting bright ambiance to the space, showing off people working on projects. There's a business office and storage space for excess inventory.
Market Outlook / Competition
Competition in the area is light for the size of the community. The Joann's outlet store closed recently, leaving this business and a Hobby Lobby as the only outlets for these materials. There are several other specialized frame stores.
Opportunities for Growth
The potential for growth is high for this type of store. With one competitor leaving and only one remaining, there is potential for strong pricing power for the materials the store sells. Additionally, the business has a reputation for attracting artists and hobbyists who participate in the periodic classes at the store. This community will grow over the next decade as people have more time for leisure activities.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,200
About the Sale
Seller Motivation
The owners want to retire and pursue other endeavors.
Transition Support
Will train for 4 weeks @ $1,500.
Listing Info
ID
2365330
Listing Views
467

Contact Seller

By clicking the button, you agree to BizQuest's Terms of Use and Privacy Notice.

Business Listed by: John Maslanik Murphy Business and Financial

Listing ID: 2365330 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


Similar Listings