Art & Gifts
Union County, New Jersey
| Asking Price: |
Gross: |
Cash Flow: |
| $195,000 |
$475,000 |
$117,000 |
Furniture and Fixtures Value:
$5,000 (included in the asking price)
Inventory Value:
$20,000 (included in the asking price)
Business Summary:
Well established and reputable art, framing and gift gallery. Located in upscale downtown of affluent Union County community. Original art (40% of rev., expert custom framing (50% of rev.) and unique hand-crafted jewelry and gifts. Much of the art is consigned which reduces working capital requirements. Owner planning retirement. For further information, please contact Larry Svoboda at 908-851-9040 Ext. 267
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| Year
Business was Established: 1976 |
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| Number of Employees:
1FT/PT |
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| Facilities / Terms of Lease:
3000sq.ft in upscale shopping area of affluent community, ample street parking. One year remaining on lease plus one three year option |
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| Competition:
Well known in trading area. Reputation for quality. Unique mix of original art, customer framing and jewelry and gifts. |
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| Owner
willing to finance:
5years at prime +2% |
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| Owner
willing to train:
As required |
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| Reason for selling:
Owner retirement |
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| REQUEST MORE INFO |
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