Art & Framing Studio Calgary NW

Calgary, AB, CanadaArts/EntertainmentBusinessSold

Sold

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Listing details

Sold As listed until it sold, kept for reference.

Revenue (TTM)
$1.1M CAD
Cash flow (SDE)
$145K CAD

Figures as reported by the seller. What is SDE?

Highlights

  • Established in 1989

About this business

As the seller described it while it was for sale.

This established Art business has been in Calgary for over 25 years and has built a highly respected reputation of service and quality for their high end prints and framing.

Currently managed by the owner, with turnkey operations this is the perfect business for someone looking to be involved on a daily basis or to invest in passive income with the help of a hired manager.

Included in the purchase: inventory $355,000, equipment $96,000, leaseholds value by 3rd party appraiser $360,000

With qualified, long-term staff in place this is a business for the next owner to enjoy for years to come!

The owner answers

As the owner answered while it was for sale.

Why are you selling?
Retirement.

Business details

DetailInformation
Business modelTraditional
Legal bodyIncorporated
Established in1989
Financing availableNo
Last year of completed statements2017
% of business selling100%

Premises

DetailInformation
PropertyLand and building not included in the sale

Buyer requirements

Buyer does not need to have experience owning & operating a business or franchise.

Buyer does not need specific industry experience.

Location

Calgary, AB, Canada

Listed January 22, 2018 · Last updated March 19, 2018 · Listing ID #837

Before you go further

Listings are written by the seller or their broker. Verify everything before you sign.

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