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Asking Price$1,000,000
Revenue$993,000 Established1990
Cash Flow$359,000 Employees5 full, 2 part
FF&E$75,000 FranchiseNo
Inventory$75,000* RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
LISTING ID # 32975
This business is roaring back now that the worst of the Covid-19 pandemic seems to have passed in NYC. In fact, 2020 was a pretty good year for it considering. After 30 years in business, the owner of this full-service art framing and gallery that also also provides installation services, is now ready to sell, but not before imparting his valuable know-how, customer accounts, and vendor relationships to you. He is also more than open to taking on a value-added strategic investing partner. Its fully customizable products include: museum quality framing for fine art, mirror and glass work, closets, showers, backsplashes for kitchen and bathroom, and storefronts. You now have the opportunity to acquire this rare gem at less than 3 times the owner's discretionary cash flow. Additionally, $75,000 of raw and finished inventory and $75,000 in tools and equipment are included in the asking price. Only 30% of the business generated is location dependent, though that may be changing, given the new and increased emphasis on the art gallery. Please do not say anything to the employees or customers when visiting the location, as they do not know it's for sale. Kindly then contact the listing broker, Jay Goldman, if you would like to meet with the seller to get a tour of the facilities and ask some questions. Mr. Goldman can be reached by email at jaygoldman@vestedbb.com. If you are new to Vested Business Brokers, please first go to www.vestedbb.com to become a free registered buyer under listing 32975. To obtain the name & address right away, kindly upgrade to premium membership.

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Training/Support:Seller will train
Seller Financing:750,000.00 Down & $250,000.00 at 6% over 24 months
Sale Reason:Growth Opportunities
Ad #126649
Seller Reference #32975
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