FOR SALE
$120,000 + SAV

12 A Service Street
Bairnsdale VIC 3875

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WELL ESTABLISHED BUSINESS

Gallery Frame Makers was purchased by the current owners in April 1994. Providing custom framing services to East Gippsland and many customers from out of the region. Responding to a gap in the market in 1995 art supplies were added to the business and has continued to draw a regular clientele from across Gippsland.
The framing trade has increased to include many styles of memorabilia and needlework and also corporate and institutional work. East Gippsland has a large and growing arts community along with many new residents following the Covid crisis that has made the business a niche supplier in the region.
The shop has been well set up to provide an efficient production path with quality cutting, joining and computerized mat cutting equipment to ensure a profitable future.
Suitable for a couple this business offers a great opportunity to enjoy meaningful, profitable employment and also a strong and enduring bond with the customer.
The prospective buyer will be provided with a detailed list of art material customers (over 500) and also maintain the records of framing jobs for 10 years to provide continuity where possible to customers. Training and advice on the operation of all equipment for the new owners is available. Lease in place with option to 2026.
Gallery Frame Makers is offered for sale for the first time in 28+ years.
$120,000 plus SAV

Property Details for 12 A Service St, Bairnsdale

Building Type
Commercial

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About Bairnsdale 3875

The size of Bairnsdale is approximately 66.4 square kilometres. It has 15 parks covering nearly 9.2% of total area. The population of Bairnsdale in 2011 was 7,237 people. By 2016 the population was 7,581 showing a population growth of 4.8% in the area during that time. The predominant age group in Bairnsdale is 60-69 years. Households in Bairnsdale are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Bairnsdale work in a professional occupation. In 2011, 63.8% of the homes in Bairnsdale were owner-occupied compared with 60.8% in 2016.

Bairnsdale has 5,793 properties. Over the last 5 years, Houses in Bairnsdale have seen a 59.68% increase in median value, while Units have seen a 48.87% increase. As at 30 September 2024:

  • The median value for Houses in Bairnsdale is $430,688 while the median value for Units is $341,713.
  • Houses have a median rent of $440 while Units have a median rent of $350.
There are currently 86 properties listed for sale, and 29 properties listed for rent in Bairnsdale on OnTheHouse. According to CoreLogic's data, 207 properties were sold in the past 12 months in Bairnsdale.

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