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Profitable Custom Picture Frame & Mirror Shop For Sale

St Petersburg, Florida
Asking Price:
$99,900 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$175,000
Cash Flow:
$75,000

Owner want to retire. Turn-key operation. Same location since 2005 in a Home Depot shopping center in beautiful St Petersburg, FL. Seven years remaining on the lease. Sale includes Lifesaver POS, VacuSeal 4468H drymount, Wizard mat cutter, Universal double miter saw DY-AW 150, Miter Mite VN 144 underpinner, two work stations and all existing stock at time of closing. Google Tyrone Frame& Mirror for pics. Gross $160 k - $180 k. Net $75k to $90 k. $99,900.00 Some owner financing may be available. Books and records available for qualified buys with Proof of Funds letter. Owner will provide two weeks of training and can stay on as a part time employee 10 - 15 hrs per week.

Property information

Real Estate:

Lease

Lease Terms:

Seven years left on present lease. Two years left on the existing lease, with an option to renew for an additional five years

Leasehold Rent:

1,400 / mo per annum

Location:

An incredible location in a Home Depot Shopping center sandwiched between a Ross and TJ Maxx department stores. Other stores in the center include: Office Depot, Pier One, West Marine and Party City.

Premises Details:

We are the smallest store in the shopping center, approximately 800 square feet.

Size in square feet:
800

Business Operation

Expansion Potential:

Store hours can be expanded to reflect other stores in the center.

Reasons for selling:

Seller would like to retire.

Trading hours:

Mon - Fri 10 AM to 5:30 PM, Saturday 11- 3. Closed Sundays and major holidays

Employees:
one full time, one part time
Years established:
13

Other Information

Support & training:

Owner will provide two weeks of training and can stay on as a part time employee 10 - 15 hrs per week.

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

Some owner financing may be available with substantial downpayment and good credit. SBA eligible.

Furniture / Fixtures value:
$60,000 - included in the asking price
Inventory / Stock value:
$3,000 - included in the asking price
Website:
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