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Asking Price$59,000
Revenue$186,170 Established1990
Cash Flow$44,977 Employees1 full, 2 part
FF&EUndisclosed* FranchiseNo
InventoryUndisclosed RelocatableYes
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Independently Owned Custom Framing and Unique Gift Shop

This custom full service frame and gift shop has been established in the Mill Creek area since 1990. It is independently owned and operated. This is the only custom framing and gift shop, featuring local artists in the area - it has no competition. This business has an outstanding location in the Mill Creek Town Center. It has great visibility and warm, attractive, and creative window displays to draw the customers inside.  It employs state of the art production (all in -house with no third party); an industry leading matt cutter (capable of making almost any frame design or cut); and a high tech visualization system (digital imaging of the completed project). The business is regionally known for its quality, service, professionalism, efficiency, fair prices, and integrity.  It has had such regional corporate clients as Microsoft, Boeing, Washington State Ferries, and Swedish Medical Center. The businesses frames of the current president and vice-president hang in the Federal Building in Seattle and in the Historical Building in Seattle. The business provides standard frames, custom frames, shadowbox designs, collectables, fine art, mirrors, and restoration services. The business also offers art, gifts, and jewelry, from at least 54 local artists, and is the only gift shop in Mill Creek doing this. The artists are rotated every 2 months to provide new and appealing merchandise. All of these items are on consignment with 70% going to the artists and 30% to the shop. This has been a huge drawing point in getting and retaining new customers. The current owner only works about 10 hours per week - the new owner could be full time, thus eliminating the full-time employee, and bring more of an owner operated feel to the business. The new owner could also increase the use of Groupon ads, institute an SEO program for the website, and keep the Facebook page up to date - which would most certainly increase the revenues. The Seller is retiring and very motivated to sell.
This business has an outstanding location in the Mill Creek Town Center. It has great visibility and warm, attractive, and creative window displays to draw the customers inside. The business occupies 1500 square feet with a main showroom area, a frame consultation area and framing shop, and an office. The total monthly rent is $3,500. The lease runs till 12/31/2018 and has a 5 year option to extend the term.
There is no other custom framing shop or similar gift shop in the Mill Creek area or close by. This business has been established since 1990 and has become an icon in the area and the go-to place for quality framing and unique gifts by local artists.
The current owner only works about 10 hours per week - the new owner could be full time, thus eliminating the full-time employee, and bring more of an owner operated feel to the business. The new owner could also increase the use of Groupon ads, institute an SEO program for the website, and keep the Facebook page up to date - which would most certainly increase the revenues.
The Seller is retiring and very motivated to sell.
The Seller will provide one week of onsite training on the day to day operation of the business, operation of all the equipment, training on how to frame, and introduction to the local artists.
Art, art shop, framing, frame shop, custom framing shop, art gallery, art work, full service framing shop, independent framing shop
Sale Reason:seller is retiring and motivated to sell
Ad #80369
Seller Reference #SEA01WA001-N217
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Contact This Seller
Randi Edwards
206-571-4745
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