Art & Framing Studio Calgary NW
Sold
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Listing details
Sold As listed until it sold, kept for reference.
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
| Detail | Information |
|---|---|
| Business model | Traditional |
| Legal body | Incorporated |
| Established in | 1989 |
| Financing availableCSBFPThe Canada Small Business Financing Program. A federal program that helps lenders offer loans to small businesses by sharing part of their risk. What it can pay for is set by the program, so ask your lender. | No |
| Last year of completed statements | 2017 |
| % of business selling | 100% |
Premises
| Detail | Information |
|---|---|
| Property | Land 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 by Elizabeth Macrae
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