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State-of-the-art Giclee Printing Co. & Frame Shop

New Hanover County, NC, USA
Updated 176 days ago

State-of-the-Art Giclee Printing Co. & Frame Shop for $275K! A highly profitable state-of-the art giclee printing company and frame shop is NOW AVAILABLE for $275K! Located in a high-traffic shopping center along the coast of Eastern, NC, the specialized art and photography reproduction studio driven by e-commerce sales has national clientele with no main competition in the area. The studio's professional quality of paper and canvas reproduction is made with cutting-edge printing technology and superior materials at a competitive price. Being equipped with a fully-staffed frame production shop provides the option for clients to have their fine art and photography giclee prints custom framed. Annual gross revenue is $400K and the value of $218,000 FF&E and $143, 500 inventory are included in the asking price. Cash flow is +$60K with an opportunity to increase sales through events for local artists. To ensure the acquisition is seamless and profitable, the highly experienced owner-operator is willing to contribute consulting and part-time employment for at least one year under new ownership.

Location

New Hanover County, NC (Relocatable)

Employees

3

Real Estate

Lease

Relocatable

This business can be relocated.

Owner Financing

Owner financing is available. Please contact the seller for more information.

Premises Details

Rented. Main studio lease at $1750/mo. for 1000 sqft. Frame Shop lease is month-to-month at $2900/mo. for (2) 1250 sqft suites

Years Established

19 Years

Support & Training

Two weeks of training provided at no cost to the buyer with the option of fee-based consulting and/part-time employment for at least one year

Size In Square Feet

3,500

Inventory / Stock Value

$143,500 - included in the asking price

Reason for Selling

Owner is retiring

Financials

Asking Price
$275K
RevenueMost Recent Year
$400K
Earnings (SDE)Last Reported
$60K
Assets ValueIncluded in Asking Price
$218K
Seller Financing
Yes

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