Picture Framing Business. Fun and Rewarding. Est. 34 yrs

Summary
Milford Framers is a custom picture framing business that has been trading for 34 years and has a good reputation for top quality work at sustainable prices that keep people coming back for years. Promotion has largely relied on word of mouth. Embracing social media could see a dramatic increase in turnover. A good mix of corporate and private customers.

About the Business
A custom picture framing business delivering high quality products and customer service to a large data base of clients which has seen an increase of 13.5% in less than 12 months.


Business management systems are centered on the i-framer software with full integration with accounting software if desired.
Workshop equipped with top quality tools & equipment. Equipment includes a Valiani Computerised Mat cutter, Alpha T400 double-mitre circular saw, Alpha Machine V-nailer, laminators, heat-press, Epson Stylus Pro 44 inch wide-format printer.


Loyal repeat clientele both private and corporate.
Solid relationships with suppliers, with volume discounts in place.

• Fun & creative career
• Proven business model
• Profitable over 34-year history
• Easy to operate
• No experience necessary
• Suited for owner/operator, couples, partnership or part-time
• Excellent opportunity for first-time owners, career change, or retirees
• Great fit for photographer, artist, designers or retailer
• Steady flow of new and repeat customers
• Large workshop
• Website in place
• Great margins -- low inventory requirements
• Huge opportunity for growth (See below)
• Extensive computerized machines and tools in excellent order
• Fixtures, Equipment, and all stock included in price. WIWO.
• On Site parking
• Very reasonably priced lease (See below)
• Low-stress occupation
• Independent business - No franchise fees or royalties to pay

Location Details
The business is ideally situated on the border between the cultural district of the art-centric Town of Victoria Park and the large industrial areas of Welshpool, Kewdale and surrounds.
Close to the intersection of four main arterial roads.
Off-street parking, meters from the door.
The main catchment area is the Eastern corridor of Perth, stretching from the Canning River and both north and south of the Swan river, as well as regional customers.

Annual Turnover
$250,000+

Stock
Approximately $20,000 of stock, comprised mostly of moldings.

Skills
The technical aspects of the work are not difficult.
A handover and training period are negotiable.

The new owner will need:
-Basic computer skills
-The ability to operate hand tools and light machinery
-Willingness to learn.
-Good customer service, with the ability to build a report with customers and listen to their stories. Every piece of art has a story behind it and most customers love to share it. Good customer service is what brings people back.

Hours
Tuesday to Friday 9.00 am - 5.00 pm
Saturday 9.00 am - 12.00 pm
Closed Sunday and Monday.

Lease
Low Rent $2323 (plus GST) per month, including outgoings.
Current lease plus 2 x 3year options.
Business enjoys strong long-standing relationship with landlord.

Business Premises
200 square meters
Two reverse-cycle refrigerated air conditioners
Separate showroom, workshop and cutting areas.
3-Pase power
Toilet block
Kitchenet

Employees
One hard-working part-time employee.
Either owner-operate with one staff member, share as a couple or as a partnership.
A very efficient business model equates to a business with a much higher turn-over.

Reason for Sale
Training as a high school teacher.

Potential

Web:

Currently advertising is limited to a website. We have only recently made our way to the first page on Google! We saw an immediate effect with customer numbers up 13% in less than 12 months. We have a growing number of 5-star reviews and nothing under 5 stars.

Social Media:

The average age of our customers is a social-media-savvy 34 years old (Google Analytics), with the effects of social media also extending beyond this age group. Customers have mentioned that when they put a 'call out' on social media looking for a picture framer, they have all received several responses at once saying' Milford Framers' along with a glowing recommendation. So, the business has a presence in the social media network, however it has not been tapped into. Nowadays it is the social media platforms that funnels traffic to your web page and shop.

Location:

The location of the business is on the border of one of Perth's largest industrial areas. No target marketing has been done to these potential corporate clients. When marketing to the corporate sector you are marketing to the business as well as the individuals running it. Everyone needs framing.

Gallery:

The showroom is being underutilized as a gallery. There is room to expand the gallery space and hold public exhibitions, which would stamp Milford Framers as being one of the leading authorities in Perth, increasing revenue through both a boost in customer numbers as well as commissions for the sale of artworks.

Workshops:

We have occasionally been asked by arts groups if we would run an informal picture framing workshops, covering design elements and consideration that impact on framing. This has not been done.

Online Sales:

The current web site is an e-commerce site however the online store has never been made live. The potential to sell:
• Prints
• Ready-made frames and mirrors
• Online ordering of custom framing

Reason For Selling

You are probably asking 'This all sounds great, so why haven't you done it already?!'. The answer is simply that while we have developed the business this far, my focus has shifted away from the business. I am currently studying to become a teacher. My wife is also a teacher. We have three school-age children, so it's partly a lifestyle choice to be able to spend more holidays with family.

While being a strong vibrant business, Milford Framers is ready to be taken to the next level with a fresh injection of enthusiasm.

Services | East Victoria park | WA

$150,000 WIWO Negotiable

Client No: W35342504

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