Established Business for Sale - Custom Frame and Art
Asking Price: | $209,000 |
Gross Revenue: | $358,575 |
FF&E: | $15,000 |
Cash Flow: | $136,354 |
Inventory: | $10,000 |
Established Year: | 1987 |
Established business for sale! A locally renowned custom picture frame workshop has been listed for your acquisition. This 1,250 SF front-facing business resides in a retail strip center cradled by several upscale Dallas neighborhoods. This area is predominantly upper-class and is locally known for artisan goods and services. The customer base comprises upper-class clients from neighboring local businesses and residential areas. Many prestigious clients like sports stars and celebrities also frequent this spot due to its influence and long-standing reputation. This district's healthy mutualistic relationship between the local businesses and the affluent residents is why this region of Dallas has flourished throughout the years. Surrounded by many niche businesses and exclusive stores, this custom frame shop enjoys natural foot traffic through its immediate surroundings. Naturally, a populated area such as this retail center will create inevitable competition, but this workshop has thrived since its inception in the late '80s. Without any outbound marketing, this business has consistently grown year over year, surpassing $360K in revenue in both 2022 and 2023.
Modern wooden plank designs and bronze accents fashion this establishment's exterior, mimicking the materials of the picture frames and artistry utilized by the shop owner. This use of the medium is suggestive to any prospective client that this establishment specializes in woodwork and serves as an aesthetic advertisement. The interior is straightforward, with a stripped industrial ceiling and several hanging studio lights shining warmly on picture frames and other projects scattered across the store. Ornate product references, made up of samples of wooden picture frames, decorate the walls of this establishment and serve as visually pleasing wall accents.
This frame shop is a special place in Dallas with a considerable history of diligent service to the community. Though a corporate counterpart exists within the vicinity of this business, these competitors are no match for the personalized high-end services that this establishment can provide through the vast amount of knowledge and experiences it has accumulated. The right type of owner will be able to push this establishment to new heights through digital marketing and a more aggressive social media presence.
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