$Seller Financing Available
| Asking Price |
$135,000 | Inventory |
$40,000* |
|---|---|---|---|
| Gross Income |
$250,000 | Real Estate |
|
| Cash Flow |
$36,000 | Year Established | 1979 |
| FF&E |
$125,000* | Employees | 3 |
* included in the asking price
** not included in the asking price
Established in 1979, this company has been specializing in the production of custom assembled frames for sale to artists, photographers, art stores, print sellers, and others. Its capabilities also include large volume commercial frame production with museum and collector quality workmanship.. The company has an excellent website with a large and easy-to-navigate online catalog which displays the wide range of frame styles as well as framing hardware. Additionally, there is a gallery for their top artists to showcase their work, which not only promotes their customers, but shows the company's framing products in their best light. This is an excellent opportunity for someone with sales/marketing experience who wants a business with growth potential. The seller is motivated and will listen to all reasonable offers.
Facilities: The equipment includes a full complement of saws, miters, joiners, compressors, etc. for the efficient manufacturing of custom picture frames. A 2005 Van is also included. Inventory includes a large assortment of molding and glass at $40K cost. The factory is in a clean and accessible 3300 SF facility, which also includes offices. and which rents for $1700/month. The lease runs another year and a half and is renewable.
Competition: The business has an excellent reputation and market position in the region. It has the capability to produce high quality, and cost effective product in large or small volumes.
Growth/Expansion: An increased marketing and sales budget could leverage the company's excellent reputation and manufacturing capabilities. It's also possible to increase the breadth of the product line to include products with new styles and new materials.
Seller Financing Available: Yes
Financing: Negotiable
Support/Training: The seller will stay on for up to 3 months to train and orient the new owner.
Reason Selling: Owner is under-capitalized

Patrick B. Bentley
970-689-3006
Summit Business Advisors
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