Business Link: Click Here To Link The Business
Confidentially offered for Sale
Ref Number: RB04-ABS
Asking Price: £80,000
Location: North Yorkshire
Asking Price: £80,000 Included in the asking price is stock with a value of more than £20,000.
Turnover: circa £66,000
Key Selling Points:
- Excellent trading position in town
- Great local trade
- Bespoke framing reasonably priced with an amazing reputation
- Unique offering.
- Repeat customers.
- High standards and a warm welcome.
BUSINESS PROFILE:
Confidential Sale of an established and profitable picture framing company, ideally located in a beautiful North Yorkshire, seaside town location.
The Company commenced trading in 2011 and is now available for sale due to the relocation of the owners.
The premises occupy an excellent trading position in town, with a superb window display, within the town centre, with thousands of people passing from both the train station and shoppers.
The neighboring businesses, include a Thai fusion restaurant and bar, a gift shop, and a teashop and cocktail bar.
The business is easily accessible with car parking and rail station close by, surrounded by desirable residential properties, and enjoys favourable overheads, with an annual rent of £8,000 per year despite the excellent trading position, no rates are payable because 100% business rate relief is available.
This is a very respected business, trading within the town for some 11 years, offering a quality and efficient service, ensuring a regular repeat trade.
The business enjoys the entire market for East Cleveland as well as regular customers from Middlesbrough, Northallerton, and Hartlepool.
Technology.
The business uses the Sumup Point of Sale system which enables management of the business to track sales and check stock.
Current trading.
The business has recently introduced new ranges of additional sales products and had a recent refit making it more accessible and inviting.
Framing sales are steady with growth due to a recent price increase that has not affected the business at all. The business has ample opportunity for growth as there is no local competition.
Key strengths
The Company is known for providing the finest artwork and bespoke framing, together with the highest level of service to clients. This is a truly unique, high quality Bespoke picture framing business.
Customer service
Customers value the exceptional customer service offered by this business, customer enquiries are answered promptly and effectively, while providing helpful advice.
Year of Establishment
2011
Opportunities for growth
The easiest opportunity for growth is to continue running this successful business and increase the marketing. However, it is important to maintain the high standards this business currently operates to.
Advertising and Marketing
The prime source of customers are the repeat customers, followed by word-of-mouth recommendation and passing trade. The Advertising and Marketing is carried out on Instagram and Facebook.
Social Media
The business enjoys excellent social media accounts with a Facebook Page with circa 556 Likes and 583 followers. The business Instagram page enjoys 404 posts, 1,051 followers and 437 following.
Staffing
One full-time member of staff plus one part-timer as required.
Leasehold Premise- Annual rent. Under £8,000 No Rates Not Rateables.
Property description
Services: Electricity £40 per month, Virgin Broadband £40 per month, water at £20 per month
Business Hours
Closed Sundays and Mondays
Open Tuesday to Saturday 10am – 4pm
Training and handover
The current owners will provide full training and handover, if required, to the successful purchasers.
Reason for sale
Different Ventures.
The main reasons to buy this business
Superb lifestyle, great customers, enjoyable and interesting working with art.
To Register Interest or to seek additional Information, please contact Abercorn Business Sales e-mail: expert@abercornbusinesssales.com or telephone: 0800-246-1313
Commercial Finance:
Abercorn Business Sales are specialists in highly confidential off-market business sales. Should you require commercial finance, we have a panel of leading commercial finance brokers with access to the whole market to enable you to source the best possible terms.
Call today on 0800-246-1313 or email at expert@abercornbusinesssales.com or visit our website www.abercornbusinesssales.com
Attention Business Owners. We are always in search of quality buyers waiting for you, so if you are thinking of selling your business or would like to acquire another business, please email us to discover the difference that is Abercorn Business Brokers.
For more information on RB04-ABS - Picture Framers & Frame Makers Business for sale - Bespoke picture framing, print sales, original artwork sales, greeting cards, curios of stationery talk to Abercorn Business Sales