Custom Picture Frame Business

Undisclosed Address, Rhode Island
Business Opportunity for Sale
Catylist Listing ID: 30759743
Property Subtypes: Retail Stores
Building Size (RSF): 4,380 SF
Sale Price: $175,000
Name of Establishment: Not Disclosed
Year Business Established: 1988
Gross Revenue: $250,000 (Annual)
Cash Flow: $0 (Annual)
Relocatable Business: Yes
Last Updated: 9/7/2021

Overview / Comments

With over 3 decades of customer satisfaction, this custom frame business is ready to be turned over to a young visionary entrepreneur. Having served the Rhode Island and Massachusetts communities for over 30 years, the growth and expansion opportunities abound. The business is located in an expansive 4,380sf building with 2,190sf on the main level and 2,190sf in the full stand up basement. A massive amount of inventory in the form of frames in various shapes and sizes is included in the business acquisition.

Additional Details

Industry Segment: Independent Stores
Reason for Selling: Owners retiring.
Value of Inventory Included ($): $80,000
Value of Furniture, Fixtures, and Equipment ($): $50,000
Real Estate Status: Leased
Value of Real Estate Included ($): $0
Real Estate Lease Description: $2800 per month
Mgmt/Training Support Description: Seller willing to work part time or just stay on for a transition.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,055 20,947 38,640
Median Age: 41.9 43.9 44.31
Households: 433 8,398 14,886

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