Visit this listing at https://www.sbx.com.au/business?id=SF1200

Business Code: SF1200

Key Features: Established 15 years - Framing - Gallery -Eastern Subs. - Profit $1,602 pw

State: NSW

Location: Great corner location at a busy roundabout surrounded by commercial and residential in Eastern Suburbs

Description

Retail framing and art gallery - All kinds of framing services to corporate and private customers. - Uses high quality picture frame mouldings, both imported and locally produced, and a wide selection of timbers, finishes and shapes. - The owner specialises in custom framing and also sells artworks from established and local emerging artists - Does art fairs and exhibitions. - Environmentally friendly and uses lots of recycled products. Exciting new equipment purchased in July 2016 adding value to the business.

Summary

  • Features: Hours to suit - Great clientele - Well established with a good reputation - Boutique business - High profit - Good website - Lot of repeat business.
  • Potential: Suit two owner operators - Improve social media - Open more hours - Do some advertising and promotions.
  • Premises: 1920 building with 3 rooms, small kitchen, bathroom, back area and a double garage and an area of 130 sq. mts.
  • Trading Hours: 5.5 days - Mon - By appointment. - Tues. - Fri.- 10 a.m. - 5:30 p.m. - Sat. - 10 a.m. - 2 p.m.
  • Lease: Current 6 year lease expires Feb. 2022 - C.P.I. increases - 3 months bond.
  • Employees: 1 owner + 1 part-timer + 1 casual.
  • Comments: Misc 1 - Gunner Mattcutter. A top of the line Mattcutter from Switzerland was purchased recently valued at $50K and payments will need to be paid weekly by a new buyer, this equipment can save on staff and increases the value of this business. A new Cassese underpinner valued at $7000 is included. - Misc. - 2 - General expenses - Training can be provided if required - Figures are an average per week - The owner operates on her own therefore lots of potential for expansion for a motivated new owner or couple.

Weekly Summary

Weekly Takings (inc GST)

$5,040

Cost of Goods

$1,350

Gross Profit

$3,690

Rent

$1,100

Wages

$510

Telephone

$40

Insurance

$40

Electricity

$30

Misc1

$168

Misc2

$200

Total Expenses

$2,088

Estimated Stock (Additional)

$20,000

Net Profit

$1,602

Price

$118,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Framing - Retail - Gallery

Business Code: SF1200
Price: $118,000

Key Features: Established 15 years - Framing - Gallery -Eastern Subs. - Profit $1,602 pw

State: NSW

Location: Great corner location at a busy roundabout surrounded by commercial and residential in Eastern Suburbs

Description

Retail framing and art gallery - All kinds of framing services to corporate and private customers. - Uses high quality picture frame mouldings, both imported and locally produced, and a wide selection of timbers, finishes and shapes. - The owner specialises in custom framing and also sells artworks from established and local emerging artists - Does art fairs and exhibitions. - Environmentally friendly and uses lots of recycled products. Exciting new equipment purchased in July 2016 adding value to the business.

Summary

  • Features: Hours to suit - Great clientele - Well established with a good reputation - Boutique business - High profit - Good website - Lot of repeat business.
  • Potential: Suit two owner operators - Improve social media - Open more hours - Do some advertising and promotions.
  • Premises: 1920 building with 3 rooms, small kitchen, bathroom, back area and a double garage and an area of 130 sq. mts.
  • Trading Hours: 5.5 days - Mon - By appointment. - Tues. - Fri.- 10 a.m. - 5:30 p.m. - Sat. - 10 a.m. - 2 p.m.
  • Lease: Current 6 year lease expires Feb. 2022 - C.P.I. increases - 3 months bond.
  • Employees: 1 owner + 1 part-timer + 1 casual.
  • Comments: Misc 1 - Gunner Mattcutter. A top of the line Mattcutter from Switzerland was purchased recently valued at $50K and payments will need to be paid weekly by a new buyer, this equipment can save on staff and increases the value of this business. A new Cassese underpinner valued at $7000 is included. - Misc. - 2 - General expenses - Training can be provided if required - Figures are an average per week - The owner operates on her own therefore lots of potential for expansion for a motivated new owner or couple.

Weekly Summary

Weekly Takings
(inc GST)

$5,040

Cost of Goods

$1,350

Gross Profit

$3,690

Rent (ex GST)

$1,100

Wages

$510

Telephone

$40

Insurance

$40

Electricity

$30

Misc1

$168

Misc2

$200

Total Expenses

$2,088

Estimated Stock (Additional)

$20,000

Net Profit

$1,602

Price

$118,000

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The information contained on each individual business for sale has been gathered from the vendor or landlord and/or professional service providers and is believed to be accurate and current as at the date of publication. SBX Business Brokers provides no warranties of any nature are given, intended or implied and prospective purchasers must rely on their own enquiries and should verify the accuracy of information before proceeding.