Premier Art Supply, Custom Framing & Copy Shop

Price: $399,000

Location: Ulster County, NY

Industry: Retail

Listing ID: P07282022

Premier Art Supply, Custom Framing & Copy Shop

This business started out as a local Artist Supply company 40+ years ago and over the years has grown into a legacy business in the Hudson Valley, offering a wide variety of quality products and services for artists, residents, businesses, and more. The owner, along with retail management have work closely with customers over the years to build community roots as well as an award-winning reputation for providing expert service and quality products to both a local and online customer base.

This business is known for far more than Art Supplies. Of course, they offer a large selection of quality art materials, supplies, and accessories readily available for customers 7 days a week. In addition, they are voted best Frame Shop year after year with custom framing services and ready-made retail frames providing very strong sales. They also boast a copy center offering graphic design, copy services and large format printing. The business has two well established, convenient locations that are proximate to each other serving different communities.

This business has good management and employees in place. Business has established accounts with several colleges. Seller is looking to retire fully and sell to someone who will be able to continue this legacy business serving a very strong and diverse customer base in the Hudson Valley and online.  Seller Finance is available! SBA pre-approved!

This business is priced to sell with a highly motivated seller. For more information, please contact me pvassallo@inbargroup.com.

• Asking Price: $399,000
• FF&E: $100,000
• Annual Cash Flow: $200,000
• Gross Revenue: $1,400,000
• Inventory at Cost: $300,000 (Not Included in Price)

• Seller Finance is Available

• SBA Pre-Approved

 

Listing Details

Gross Revenue: $1,400,000

Cash Flow: $200,000

FFE: $100,000 (Included in Price)

Inventory: $300,000

Terms and Conditions?:

Seller finance available, SBA -Pre-approval pending

Reason For Sale:

Retirement

Training & Support:

Seller will train and support to ensure a smooth transition. Business is fully staffed with strong non-owner management place. Seller runs business pretty much absentee, travels a lot.

Operation

Managers: A full time general manager and operations manager run the business day to day

Location

Type of Location: Two Locations

Facilities Information:

Two locations. One primary location for art supply, copy center and frame shop located in Kingston, NY. Another location dedicated to Framing only is located in Woodstock, NY. This location can be continued or consolidated to the Kingston location.

Summary

Potential Growth:

There is plenty of room for potential growth and opportunity.