Well established and highly reputed business
Situated in the desirable town of Hay-on-Wye
All fixtures and fittings included in the sale
Early viewing essential to fully appreciate
High amount of regular and repeat trade
Scope to further develop the business
Genuine reason for sale
Walk in condition
Meridian Business Sales are delighted to offer to the market this brilliant framing and gallery business which has been established since 2000 and in the careful hands of our client since 2014. The only reason this superb business is being offered to the market is due to our clients desire to take a well deserved retirement.
Since our client took ownership of the business he has built up a strong reputation within the local community and beyond for good quality and fairly priced work. Due to the tremendous services provided our client has a high amount of regular and repeat trade alongside good word of mouth recommendations.
Our client informs us that they generate a respectable annual turnover which is derived from offering a full in-house framing service, framing anything from oil paintings, photos, prints, rugby shirts, batiks, medals and much more. Our client also has a range of artwork on display in the gallery and he has access to all the major publishing houses in the country. Our client also holds exhibitions for not only local artists but artists from outside of the area too.
Our client has continually developed and improved the business introducing news lines and income streams which have enhanced the business massively and in particular shows in the year on year increase in turnover and profitability. Our client has invested heavily in equipment and machinery meaning all production is undertaken in house and as such the profit margins are high.
There is scope for a future purchaser to further develop the business by introducing online orders and deliveries throughout the country.
This is a fantastic opportunity to purchase a true lifestyle business, which is a great base to build upon and as such early viewing is highly recommended as this unique business is not to be missed.
Tuesday: 9:00am – 5:00pm
Wednesday: 9:00am – 5:00pm
Thursday: 9:00am – 5:00pm
Friday: 9:00am – 5:00pm
Saturday: 9:00am – 5:00pm
Purpose built craft centre briefly comprising: GROUND FLOOR Showroom Workshop area for framing Stock room FIRST FLOOR Stock room EXTERNAL 1x private parking space Equipment Included In The Sale Wizard computerized mount cutter Pneumatic underpinner Electric Morso mitering machine Hotpress HGP260 hot press Keencut excaliber 5000 glass and board cutter Replacement value for above would be about £16000.00 + A very large selection of hand tools sanders, drills etc Purpose built benches and storage units A large selection of assorted moulding A large selection of mount board glass and backing board Everything required running a busy framing workshop and more Database of over 2000 customers
This excellent framing and gallery business is situated in the small desirable town of Hay-on-Wye, Herefordshire. The business is surrounded by complimentary businesses, residential properties, tourist sites and much more deriving much of the businesses trade. The town is in a unique position on the border between England and Wales making Hay ideal for visitors to explore and enjoy the beautiful scenery. The town is easily reached via the B4351, the B4348 and the B4350 making commuting easy for anyone who wishes to visit.
Leasehold Term: We are advised Leasehold Rent: £10,000pa
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