Art, Picture Framing, Office Supplies & Graphics Services

Price: $750,000

Annual Revenue: $1,500,000

Net Cash Flow: $300,000

Industry: Retail, Art

Location: Dutchess County, NY

This award winning and well respected — exceptionally well run art, office, graphic services and picture frame shop has three prime convenient, locations throughout the rapidly growing Hudson Valley area. 

The business is poised for strong, long-term revenue growth thanks to a culture of friendly, reliable customer service and solid business ethics. Success here is not guaranteed, but with some hard work, a new owner stands to make significant long term profits at a business that has weathered the test of time. This business has built a solid reputation over forty years as the foundation of a vibrant, growing arts community in the Hudson Valley.

With a design and print center, a high end archival reproduction business that generates over $50 per hour, and customer service like no other; this is a business that has not been destroyed by online competition. Harness the power of the tech savvy, artistic staff here to help your customers improve their lives through art and picture framing — a business that succeeds amid internet competition unlike some retail establishments.

The owner says, “I will make someone a great deal” and would like to retire. The employees here are the biggest assets of the business, and many have been here for 20 years or more. The culture is a key component to the business as are the main street locations, which are near colleges, tourist destinations, and historic landmarks. The Hudson Valley was recently dubbed “the new Hamptons” by Business Insider:

http://www.businessinsider.com/where-to-go-in-hudson-valley-and-catskills-2017-6

http://www.businessinsider.com/second-home-buyers-and-tourists-leave-the-hamptons-for-hudson-valley-2017-2

This is a business that truly caters to artists, and has supported the art community here for decades. You will enjoy making a good living here, and have the opportunity to renew extremely reasonable leases or to buy some of the buildings outright. Get out of the rat race and the daily rut of city life and put your creativity and investments to work outside of the highly leveraged banking system.

Employees:12
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Large, extremely visible main street building available. 3 locations total. Owner willing to sell 1,2, or all 3 and is willing to entertain offers on his $2MM building which houses one of the locations.
Competition:
The culture is a key component to the business as are the main street locations, which are near colleges, tourist destinations, and historic landmarks.
Growth & Expansion:
The business is poised for strong, long-term revenue growth thanks to a culture of friendly, reliable customer service and solid business ethics.
Financing:
yes
Support & Training:
Owner can stay on for a transition period. Willing to lease for a low rate. Willing to sell stores individually — you can buy one or all three with or without buildings.
Reason for Selling:
Retirement

 

Listing Details

FFE: $300,000 (Included in Price)

Real Estate: $2,000,000