Custom Frame shop and Gallery in a busy, hip arts district in New Orleans. The business has very well established customer base and would be a great purchase for an owner/operator. It also has a well developed web and social media presence with great ratings and reviews. The business sales continues to grow each year. The interior is updated, well designed and is a extremely welcoming environment for customers. It's worth mentioning that the art and frame projects are consistently interesting and unique. The business has also been voted the best frame shop in the city in 2023.
- Asking Price:
- $200,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $260,000
- Cash Flow:
- $70,000
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
There is one year left on the lease and it can be transferred. Owners prefer 3 year lease terms.
- Leasehold Rent:
-
$2,300 per annum
- Location:
-
Located in a hip and well developed arts district in New Orleans on a busy avenue surrounded by other business.
- Premises Details:
-
Located in a historic, refurbished shot gun style home in New Orleans with a brightly colored exterior paint job. It has windows all around, wood floors, 14 feet ceilings and great lighting.
- Size in square feet:
- 1,200
Business Operation
- Expansion Potential:
-
There is room for expansion if you do not want to use the gallery space to display art in the shop.
- Competition / Market:
-
We are the only frame shop in this neighborhood and surrounding. We pull customers from all over the city.
- Reasons for selling:
-
Relocating
- Trading hours:
-
Tues-Sat 10am-4pm
- Employees:
- 2-3
- Years established:
- 9
Other Information
- Support & training:
-
Owner is willing to train
- Furniture / Fixtures value:
- $25,000 - included in the asking price
- Inventory / Stock value:
- $3,500 - included in the asking price
- Relocatable:
- This business can be relocated.
