Premier Frame Shop - Now $60,000 (OBO)

Hall of Frames, Tucson store will close unless we can sell it by mid-March. New owner work 4 to 5 shifts, reduce other labor, and cash flow goes to $95,000. Home company in Phoenix wants to sell NOW, so we have lowered cost to $60,000 or the best offer we can get by mid-March. This is a rare retail opportunity: Valuable trained and motivated team in place, appears internet resistant, a near perfect location that offers a new owner several great options. Consistent sales for many years because of quality products, competitive pricing and customer service where the staff treats the personal treasures of their customers with great care and frames them for all to enjoy. Seller is offering unrivaled training and mentorship with limited equipment warranties to help insure long term success. Solid lease with well-respected landlord. Trade name will have to be changed at closing. Seller will sign a limited non-compete clause maintaining the right to sell Hall of Frame branded products worldwide.

Please refer to listing ID: 18-3416

Industry:  Home and Office Furniture
Industry Segment:  Home Furniture Retailing
Geography:  United States > Arizona > Tucson
Asking Price:  $60,000
Gross Revenue:  $312,310
Cash Flow:  $95,275
Value of Inventory:  $18,000 (Included in Asking Price)
Value of Equipment:  $10,000 (Included in Asking Price)
Year Established:  1998
Number of Employees:  2
Relocatable:  Yes
Mgmt. Training/Support:  Seller will mentor and train buyer for 30 days to include support of POS. Seller is committed to a successful transition and long-term success of the new owner.
Reason For Selling:  Consolidating, "We no longer want to manage store from a distance"
Facilities:  Beautifully built out and maintained retail space with a back room to design/construct and assemble new frame solutions. Includes all the tools and frame "corner samples" to meet any need. Trade name will not convey. Equipment and Inventory (TBD) included in price.
Market Outlook/Competition:  There are other frame shops, yet none that compares favorably with the location, reputation for quality, pricing and customer service. This store has survived recessions and has a consistent customer base that still refers and returns.
Name:  Bill Swan
Address 1:  4811 East Grant Road, #125
Email:  tbi@tucsonbusiness.com
Phone:  520-750-1764

 

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