Total of 18659 firms and businesses for sale today Sunday 12th May 2024
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Sold. Anique Restorers & Picture Framers Business For Sale

LISTING DETAILS
Firms For Sale ID:
27362
Vendor reference:
2071
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
£50,000 - £210,000  
Turnover / revenue:
Undisclosed
Net profit / cashflow:
Undisclosed

OTHER DETAILS
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
BUSINESS DESCRIPTION
Framed Art has been trading for over 24 years and has operated from this striking building since 2001. The current owner is only selling the business due to early retirement plans and therefore Framed Art certainly does provide an exciting opportunity for a new owner to enjoy all the benefits of this extremely respected and profitable business.

Externally, the building certainly delivers an awesome first impression with its unique styling and shape. This has proved to be a successful move for the business to relocate here due to its ideal position and unique appearance, the building is well known throughout the local area and subsequently the business has raised its profile accordingly. With parking available for free on the surrounding streets, the business is certainly well catered for on the facilities front.

The main entrance is located in an elevated position from the kerb and entry is gained through this corner positioned door way. Once inside the building the true size of the available space can be fully appreciated. The ground floor is divided into two usable areas. Firstly, the main show room, and secondly a work preparation area located to the rear of the main display area. Framed Art has diversified over its impeccable trading history and therefore greetings cards and gift items have been introduced. These items are secondary and simply allow the current business owner and founder to maximise retail return on all the available space. The first floor is where staffing and WC facilities can be found alongside another excellent work space. The overall internal space is excellent and certainly, if a new owner desired, this first floor could provide a suitable space for living accommodation with relative ease.

Overall, the business is an excellent opportunity to acquire a well respected picture framing business coupled with the purchase of this unique well positioned building. The business has earned the founder extremely high profit margins and therefore presents a lucrative venture for an enthusiastic new owner to take over at the helm and push the business forward. The founder of the business has generously offered to stay on at a consultancy level for a period of 4 weeks to help create a seamless transition between owners, should the new owner wish to take advantage of this.

Viewings are highly recommended as an early completion is anticipated.

Corner Entrance, Shop Floor/Sales AreaFirst Floor: Office, WC, Staff Facilities

Fixtures & Fittings: CCTV, Alarm, Till, Shelving, Work Stations
Trading Hours: Tuesday, Thursday, Friday & Saturday 11:00am - 5:00pmClosed Monday, Wednesday & SundayBusiness Value: £50,000 SAV
Property Value: £160,000
Business & Property Value: Turnover:
Rent: £230.77 PW
Tenure: Leasehold / Freehold