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Asking Price$399,000
Revenue$570,000 EstablishedUndisclosed
Cash Flow$150,192 EmployeesUndisclosed
FF&E$100,000 FranchiseNo
Inventory$100,000 RelocatableNo
Real EstateUndisclosed* Home-basedNo
* Included in Asking Price
TWO Opportunities AVAILABLE. 1: Highly Profitable Custom and Contract Picture Framing business for sale. 2: Long Term Lease for sale in the heart of one of the most affluent North Shore towns in Suffolk County. Corner Lot w/parking, 9 Year Lease WITH NO INCREASES FOR THE NEXT 9 YEARS. 3500 sq. ft. with full 3500 sq. ft. basement. You can sub let the space as well. If you want to buy the business, you are looking at a business that has been established for 39 years with a very large and loyal clientele, both private and corporate. They handle wholesale and retail sales with 3 full time employees that would be willing to stay. In addition to picture framing, they offer stock and photo frames, mirrors, lithos, posters, prints, original art, restorations, and much more. Cost of Goods is very low and hours of business are very reasonable for retail. OPEN ONLY 6 DAYS/WK. (M-F 9:30am-6pm, Sat. 9:30am-5:30pm, Sun. - CLOSED) In the past 12 months, the business has Gross sales of approx. $600,000.00 with a Net Income of approx. $150,000.00. THE SALE PRICE INCLUDES APPROX. $100K IN INVENTORY. This is an excellent business that would be perfect for an owner/operator. Please, serious and financially qualified buyers only. Be prepared to show proof of funds. The price is negotiable, but the seller WILL NOT hold a note. If you can meet these terms call or email Mel Vaz at 631-909-1095 or mvaz@vestedbb.com.
Training/Support:The seller will train the new owner.
Seller Financing:$399,000.00 Down and None
Sale Reason:Other opportunities.
Ad #70024
Seller Reference #26638
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Melvin L. Vaz
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