Long Established Custom Framing Shop
Location California,United States
Asking Price Range $250K - $500K
Gross Revenues $330847
Net Profit / Cash Flow $120000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1988
Number of Employees 1 - 3
Inventory 10000
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training 1 wk from Franchise, 2 wk at 20 hrs a week from owner
Reason for Sale Retirement.
Description High Profits and Low Cost of Sales: Franchise Custom-Framing Business For Sale in the Los Angeles Area! Established for 24 years under a well-branded Franchise, the store sits in a prime location in a newly renovated retail location at a busy intersection. The current owners have run the business for 20 years and intend to retire. This business has scored among the top ten in the Franchise, once reaching #1 and once at #3 in the world. Now, with post-recessionary 2011 sales growing to $330,847 and a pre-tax profit of $120,000, it is approaching its pre-2008 levels of over $400,000 in annual sales. The business specializes in fast turnaround, with 80% of all orders completed in 24 to 48 hours and the balance in three-five days. The operation has the latest in custom framing equipment, with an electric saw and a computerized mat cutter that can cut complex designs into the matting, and handles frame sizes up to 100x600. Employees include full-time expert framer who has been with the business since 1993, at the beginning. Itts a busy store in a busy location, an easy to run, lucrative, turn-key operationnand perfect for anyone looking into E2 Visa opportunities. Priced to sell!
For more information and additional details please contact Susie Kang at (310) 975-94922
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