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Picture Frame Business - $120,000

This business has been specializing in custom picture framing and related services for approximately 20 years, it is run by the existing owners who do all the various picture framing and related services themselves. The business is situated in an upmarket Vancouver suburb from where they attract most of their customers. Most of these customers are repeat customers who have supported the store over the years due to the high quality of workmanship and reliability.

Supplementary services include custom mat cutting, refitting and glass replacement.
Good operational practices are in place, which will beneficial in the transitioning process.

Asking Price: $120,000

Annual Sales: Annual reported sales for the past 3 years averaged $150,000.

Legal Entity:  Partnership.

Number of Employees: 2, being the owners.

Operating hours: Monday - Friday 10:00 AM - 6:00 PM, Saturday 10:00 AM - 5:00 PM

Support and Training:
Training will be provided to the new owner.

Property/Lease
The lease is signed with the Property Management Company The lease is a 5 year term with the option to renew for another 5 years; no major rent escalation, except for inflationary adjustments. Affordable Lease - 750 sq.ft. Customer parking is available at the back of the store.

Products: 
A full range of metal, wood and picture frames as well as the different glass fitments are available to choose from. Catalogues are available to choose prints from, thus allow the client flexibility when considering size and proportions and themes. Prints to choose from include Abstract, Habitat, Floral and Still life and many more. Framing sports memorabilia is also one of the product ranges. Because of its close proximity to UBC the business does a healthy trade in framing university degrees and work for the University it self.

Key success factors
Attention to detail and high workmanship.

Furniture Fixtures and Equipment: 
Includes the following 1) Underpinner, 2) Air compressor, 3) Morso Chopper 4) Mat cutting system,5) metal moulding cut saw.

Reason for Selling: Retirement

Call us about this great opportunity now at 604-727-6648 / 604-308-7362. Or Click here and complete a Buyer Inquiry form and have your local BRAVADO representative help find you a business. 

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John Robertson: 604-308-7362
Tania Mostert: 604-727-6648
3755 Princess Avenue,
North Vancouver, BC, V7N 2E6
E-Mail: info@bravadobusinessbrokers.com
Fax: 604-924-1237

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