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Picture Framing Store In Vancouver For Sale

Vancouver, British Columbia
Asking Price:
$345,000 (CAD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$300,000 (CAD)
Cash Flow:
$150,000 (CAD)

This is very well established custom picture framing store located in an affluent area of Vancouver. The business has been in existence for over 40 years and as a result has a good customer base and repeat clients.

The Owner works in the business full-time and is assisted by one part-time employee. The business has provided the owner with a good living and he is now looking to retire, sell the business and assist with the transfer to a new owner.

It would be suitable for an owner operator that has an interest in design and wood working.

Property information

Real Estate:

Lease

Lease Terms:

Six years remain on the current lease which can be extended further. No demolition clause.

Leasehold Rent:

$50,000 (CAD) per annum

Location:

Lively and affluent part of Vancouver

Size in square feet:
1,600

Business Operation

Reasons for selling:

Retirement - (Owner is nearly 70).

Trading hours:

Monday to Saturday 9.30am - 5.30pm

Employees:
1 PT
Years established:
1975

Franchise Information

Franchise opportunity:

Franchise Resale

Franchise terms:

5% franchise fee. 1% advertising fee.

Other Information

Support & training:

Will be provided.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Furniture / Fixtures value:
$50,000 (CAD) - included in the asking price
Inventory / Stock value:
$10,000 (CAD) - included in the asking price

Contact Information

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