Well Known And Established Art Supply Store
Location New York,United States
Asking Price Range $250K - $500K
Gross Revenues $812000
Net Profit / Cash Flow $176000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1975
Number of Employees 1 - 3
Inventory 50000
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Training Sellers will completely train
Reason for Sale Retirement
Description This Company sells Art supplies, Stationary, Gifts and Collectables. It does 50% of it's business online with the website with a minimum amount spent on advertising. They carry only important Major lines and a unique line of collectables.
Facilities:A beautiful 2nd floor location in a commercial building. The Shop is clean as a whistle with all current merchandise
Monthly Rent: $8,000
Square Footage: 1800
Lease Expire: 12/31/2015
Option: 2x 5yr options
Competition: varies. This company has been servicing Manhattan for over 40 years.
Management Training and Support: SELLERS WILL COMPLETELY TRAIN
Reason For Selling: Retirement
Seller Financing: Yes, seller financing is available
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