35-Year Established Custom Frame and Art 001135
A locally renowned custom picture frame workshop has been listed for your acquisition. This 1,250 SF front-facing business resides in a retail strip center cradled by several upscale Dallas neighborhoods. This area is predominantly upper class and is locally known for artisan goods and services. The customer base consists of upper-class clients from neighboring local businesses and residential areas. Many prestigious clients, such as sports stars and celebrities, also frequent this spot due to its influence and long-standing reputation. This district's healthy mutualistic relationship between the local businesses and the affluent residents is why this region of Dallas has flourished throughout the years. Surrounded by many niche businesses and exclusive stores, this custom frame shop enjoys natural foot traffic through its immediate surroundings. Naturally, a populated area such as this retail center will create inevitable competition, but still, this workshop has thrived since its inception in the late '80s. Without any outbound marketing, this business will be on track in exceeding $295,000 - $300,000 in revenue for 2021 alone.
Modern wooden plank designs and bronze accents fashion this establishment's exterior, mimicking the materials of the picture frames and artistry utilized by the shop owner. This use of medium is suggestive to any prospective client that this establishment specializes in woodwork and serves as an aesthetic advertisement. The interior is a straightforward space equipped with a stripped industrial ceiling with several hanging studio lights that shine warmly on picture frames and other projects scattered across the store. Ornate product references, which are made up of samples of wooden picture frames, decorate the walls of this establishment and serve as visually pleasing wall accents.
This frame shop is a special place in Dallas with a considerable history of diligent service to the community. Though a corporate counterpart exists within the vicinity of this business, these competitors are no match for the personalized high-end services that this establishment is able to provide through the vast amount of knowledge and experience it has accumulated. The right type of owner will be able to push this establishment to new heights through digital marketing and a more aggressive social media presence.
The current owner is looking to retire.
The Seller is willing to stay up to 12 months as a consultant in order to help with the transition.
This business is located in a 1,250 SF space of a premium retail strip center surrounded by high-end businesses in an affluent part of Dallas.
Competition is expected due to the high population density of this area but no other shop has the amount of experience and accumulated reputation as this establishment. Competition is negligable to an extent.
There is no marketing done at the current time. Proactive marketing in the local area and through online resources is crucial to the further growth of this business.
100% cash at Closing or 50% cash down with SBA financing for qualified buyer.