LISTING ID: 35650
Highly Profitable Custom Framing business for sale. Price Reduced! Seller due to health concerns. Tremendous profit margins. The business has become a community landmark over the past 47 years. They have built a very large and loyal clientele, both private and corporate, in this affluent North Shore town. They handle wholesale and retail sales with 2 full-time employees and 3 part-timers. In addition to picture framing, they offer format printing, stock and photo frames, mirrors, lithos, posters, prints, original art, restorations, and much more. Format printing and delivery are two tremendous growth areas. The cost of goods is very low, and the hours of business are very reasonable for retail. OPEN ONLY 6 DAYS/WK. (M-F 9:30am-6pm, Sat. 9:30am-5:30pm, Sun. - CLOSED). They have seen year-over-year growth since 2019, except for a slight pullback in sales during the pandemic. In the past 12 months, the business grossed approx. $591,000.00 with an owner’s cash flow of approx. $129,740.00. The store is a spacious 3500 sq. ft. with a full 3500 sq. ft. basement, fully equipped. The rent is only $5,108/month, and the lease can be extended for a well-qualified buyer. You can sublet the space as well. This is an excellent business that would be perfect for an owner/operator. We are seeking a serious and financially qualified buyer with at least $195K in liquid funds. The ideal buyer would be a full-time owner-operator or family member, ideally with some background in woodwork or carpentry. The current owner is willing to stay on for a lengthy training and transition period.
