Close

Choose your country

Or view all businesses for sale

Worldwide

Sell Your Business

Advertisement

Listed by:

Rapt Business Brokers

Profitable Art And Art Framing Business For Sale

Nassau County, New York, US
Asking Price:
$550,000 Furniture / Fixtures included
Sales Revenue:
$640,000
Cash Flow:
$285,000

Profitable and Long Established Art And Art Framing Business

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.

Property Information

Real Estate:

Lease

Lease Terms:

Lease Expiration: 12/31/2028

Location:

Nassau County, NY

Premises Details:

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.

Size in square feet:
2,300

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

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.

Competition / Market:

While all businesses have competition, ownership believes that their store is unique and offers a variety of art prints not found locally.

Reasons for selling:

Ownership has reached retirement age.

Employees:
1
Years established:
21 Years

Other Information

Support & training:

Ownership will remain for sufficient period to transition business.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Owner financing on attractive terms to qualified buyers, on a case-by-case basis.

Furniture / Fixtures value:
$50,000 - included in the asking price
Inventory / Stock value:
$100,000