Longstanding Custom Picture Framing Business - Rowland Studio
Business Opportunity
for Sale
| Catylist Listing ID: |
30874726 |
| Property Subtypes: |
Business Services
|
| Building Size (RSF): |
1,200 SF
|
| Sale Price: |
$199,000 |
| Name of Establishment: |
Rowland Studios |
| Business Website Address: |
https://framingnh.com/ |
| Year Business Established: |
1958 |
| Gross Revenue: |
$373,199 (Annual) |
| Cash Flow: |
$199,000 (Annual) |
| Cash Flow Type: |
Sellers Discretionary Earnings |
| Relocatable Business: |
Yes |
| Last Updated: |
8/20/2024 |
Overview / Comments
|
Rowland Studio represents a unique opportunity to purchase a longstanding business with shrinking competition. The current owners have been operating this custom picture framing business for 35+ years. Many of the competitors have been retiring out, leaving ample opportunity to grow. Rowland Studio has built its stellar reputation by offering top quality work while using the best equipment available in the industry. All work is done in-house which sets this business apart from other custom frame shops and helps maximize profits. A buyer with an appreciation of Art + Design would excel here.
|
Additional Details
| Nearest MSA: |
Concord |
| County: |
Merrimack |
| Industry Segment: |
Other Business Services |
| Reason for Selling: |
Relocating |
| Value of Inventory Included ($): |
$0 |
| Value of Furniture, Fixtures, and Equipment ($): |
$53,900 |
| Value of Real Estate Included ($): |
$0 |
| Real Estate Lease Description: |
Three year extension executed in Feb of 2024 |
| Mgmt/Training Support Description: |
As needed / To be negotiated |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
7,149 |
31,038 |
48,136 |
| Median Age: |
34.93 |
39.54 |
39.87 |
| Households: |
3,366 |
12,790 |
19,590 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither New England Commercial Property Exchange nor
Moody's assume any liability for errors or omissions.
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