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State-of-the-art Giclee Printing Co. & Frame Shop For Sale

New Hanover County, North Carolina, US
Asking Price:
$275,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$400,000
Cash Flow:
$60,000

State-of-the-Art Giclee Printing Co. & Frame Shop for $275K!

A highly profitable state-of-the art giclee printing company and frame shop is NOW AVAILABLE for $275K! Located in a high-traffic shopping center along the coast of Eastern, NC, the specialized art and photography reproduction studio driven by e-commerce sales has national clientele with no main competition in the area. The studio's professional quality of paper and canvas reproduction is made with cutting-edge printing technology and superior materials at a competitive price. Being equipped with a fully-staffed frame production shop provides the option for clients to have their fine art and photography giclee prints custom framed. Annual gross revenue is $400K and the value of $218,000 FF&E and $143, 500 inventory are included in the asking price. Cash flow is +$60K with an opportunity to increase sales through events for local artists. To ensure the acquisition is seamless and profitable, the highly experienced owner-operator is willing to contribute consulting and part-time employment for at least one year under new ownership.

Property Information

Real Estate:

Lease

Location:

New Hanover County, NC (Relocatable)

Premises Details:

Rented. Main studio lease at $1750/mo. for 1000 sqft. Frame Shop lease is month-to-month at $2900/mo. for (2) 1250 sqft suites

Size in square feet:
3,500

Business Operation

Reasons for selling:

Owner is retiring

Employees:
3
Years established:
19 Years

Other Information

Support & training:

Two weeks of training provided at no cost to the buyer with the option of fee-based consulting and/part-time employment for at least one year

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

Seller financing available for approved buyer.

Furniture / Fixtures value:
$218,000 - included in the asking price
Inventory / Stock value:
$143,500 - included in the asking price
Relocatable:
This business can be relocated