Services - Museums, Art Galleries, Zoos | Retail - Home Furniture & Furnishings

$Seller Financing Available

Asking Price	$125,000	Inventory	$23,000*
Gross Income	$198,000	Real Estate
Cash Flow	$90,798	Year Established	2003
FF&E	$24,900*	Employees	1

* included in the asking price

** not included in the asking price

Picture Framing & Art Gallery in Picturesque Rocky Mountains

Reputable custom picture and art framing business with a locals artist gallery, located on Main Street in a picturesque historic rocky mountain ski town in Colorado. Well established year round (not seasonal) turnkey operation with loyal repeat affluent customers. Easy to learn business, seller includes complete training in areas of buying, pricing, and all aspects of framing in the sale price. The shop is essentially a Green environment. Currently the gallery host local artist but that could be changed to more renowned artists. A small section of the floor space (200sqft of 1450sqft) is currently subleased to a local business which helps offset the rent. It is an ideal husband/wife business. The current owner must sell for health reason. If you are looking for a business in the mountains this is a wonderful opportunity!

Facilities: The business facility is approx. 1450 sqft which is roughly divided into 5 major areas. Gallery and sample display area 23x23 includes a 4 x5 customer work bench. Small office 9x12;desk, file cabinets and computer/printer are held. Clean area for cutting mats and final assembly. 10x16 Dirty room which has doors to close off from the rest of the business when in use. For cutting/chopping/sanding of moulding & assembly of frames. 10x16 Sublease 9x20 2 bathrooms & Supply room with a small refrigerator & microwave. 2 off-street parking

Competition: Marketing strategy has been focused on presenting our services to the affluent art purchasing community. Rather than advertise in the local publications which is read primarily by tourist, that don t purchase framing, we donate to the community organizations and their functions, such as art auctions. By doing this we are putting our selves and our products in front of the community and more over in front of the board members of the organizations, which are the more affluent community members. This strategy also support the community organizations.

Growth/Expansion: STRENGTHS: Main St Location. Good reputation for quality craftsmanship. We don t actively advertise all of our growth has been through word of mouth and repeated business. WEAKNESSES : Gallery space that currently carries only local artist. If this space were dedicated to more renowned artist the income from this could increase significantly. Turn around is avg 4 - 6 wks the past 2 ears. Hiring employees could reduce this back log and increase business . Carrying pre-made Std size frames, as wells prints & posters for walkin traffic

Seller Financing Available: Yes

Financing: Seller will finance up to 50% for 60 months at 10%

Support/Training: The seller will train for up to 4 weeks at no cost

Reason Selling: Health reason ( Owners husband has non-hodgkins lymphoma and must relocate)