Custom Framing Company

Confidential Listing

Richmond BC, Canada,
Asking Price

$300,000

Revenue

$500,000

Profit

$120,000

Cash

$200,000

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Business Overview

The business makes and wholesale frames to many well-known retailers. The picture framing company is established in 1986 and the owner is retiring. He is looking for an interested buyer to take on the role. You don't need experience in the industry to continue the business as all the operational staff will stay. The owner will provide training and support the business transition until the buyer is ready to run the business himself. The business has 250k worth of inventory (book value) and they are included in the sale price. All equipment are in good working order.

Employees: None

Established in: 1950

Trading Hours: None

Premise SQFT: None

Sale Type: Share Sale

Is it a Franchise: False

  • Business Industry

    Wholesale trade

  • No. of Businesses

    57,277

  • Avg Profit Margin

    6.06%

This sector comprises establishments primarily engaged in wholesaling merchandise, generally without transformation, and rendering services incidental to the sale of merchandise.

Financial Information

Asset Values

Total Asset $ 500,000
Total Liability $ 400,000
Shareholder's Equity $ 100,000
Property & Equipment $ 0

Profitability

Revenue $ 500,000
Cash Flow $ 200,000
EBITDA $ 200,000
Net Income $ 120,000

Products & Services

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