Profitable and Long Established Art And Art Framing Business.
Business Description
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.
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.
About the Business
- Years in Operation
- 21
- Employees
- 1
- Facilities & Assets
- The business is located in a 2,300 square foot, one story building, on a heavily trafficked thoroughfare in an upscale neighborhood. The store has adequate parking in the rear for customers. The building has a full basement, housing framing and storage activities.
The present lease ends in December 2028. Ownership believes the landlord would be amenable to a new lease to the buyer for another five to 10 years. - Market Outlook / Competition
- While all businesses have competition, ownership believes that their store is unique and offers a variety of art prints not found locally
- Opportunities for Growth
- Presently the business has focused on sales for the residential market. While the store has made sales to commercial accounts, this is an area of significant growth potential for a younger, more aggressive owner. Potential new markets include medical and other professional offices.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 2,300
- Rent
- $8,279.50 per month
- Lease Expiration
- 12/31/2028
About the Sale
- Seller Motivation
- Ownership has reached retirement age.
- Transition Support
- Ownerhip will remain for sufficient period to transition business.
- Financing Options
- Owner financing on attractive terms to qualified buyers, on a case-by-case basis.
Listing Info
- ID
- 2230641
- Listing Views
- 2243
Listing ID: 2230641 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.
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