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Framing - Retail - Gallery - Established 15 years - Fra...

Business for Sale
Framing - Retail - Gallery - Established 15 years - Framing - Retail - Gallery - Eastern Suburbs - Randwick - Clovelly - NSW - Profit $2,102 pw
NSW

Framing - Retail - Gallery - Eastern Suburbs - Agent SBX Code Number: SF1200 Retail framing and art gallery - All kinds of framing services to corporate and private customers. - Uses...

Price $198,000.00

Framing - Retail - Gallery - Established 15 years - Framing - Retail - Gallery - Eastern Suburbs - Randwick - Clovelly - NSW - Profit $2,102 pw

Stock Included:
Stock Value:
Years Est:
Gross Revenue:
Framing - Retail - Gallery - Eastern Suburbs - Agent SBX Code Number: SF1200

Retail framing and art gallery - All kinds of framing services to corporate and private customers. - Uses high quality picture frame mouldings, both imported and locally produced, and a wide selection of timbers, finishes and shapes. - The owner specialises in custom framing and also sells artworks from established and local emerging artists - Does art fairs and exhibitions. - Environmentally friendly and uses lots of recycled products. Exciting new equipment purchased in July 2016 adding value to the business.

Potential

Suit two owner operators - Improve social media - Open more hours - Do some advertising and promotions.

Features

Hours to suit - Great clientele - Well established with a good reputation - Boutique business - High profit - Good website - Lot of repeat business.

Premises

1920 building with 3 rooms, small kitchen, bathroom, back area and a double garage and an area of 130 sq. mts.

Location

Great corner location at a busy roundabout surrounded by commercial and residential in Eastern Suburbs

Trading Hours

5.5 days - Mon - By appointment. - Tues. - Fri.- 10 a.m. - 530 p.m. - Sat. - 10 a.m. - 2 p.m.

Lease

Current lease expires Feb. 2019 + 3 year option- C.P.I. increases - 3 months bond.

Employees

1 owner + 1 part-timer + 1 casual.

Comments

Misc 1 - New Gunner Mattcutter. A top of the line Mattcutter from Switzerland was purchased recently valued at $50K and payments will need to be paid weekly by a new buyer, this equipment can save on staff and increases the value of this business. A new Cassese underpinner valued at $7000 is included. Training can be provided if required - Figures are an average per week - The owner operates on her own therefore lots of potential for expansion for a motivated new owner or couple.

Agent SBX Code Number: SF1200 - Sydney Business Exchange

Contact Seller

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SBX Business Brokers
P: 02 9439 4403

Bsale ID: 195246
SBX ID: SF1200




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