Art Gallery / Whimsical Gift Store
Location California,United States
Asking Price Range < $250K
Gross Revenues $125000
Net Profit / Cash Flow $19000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 2006
Number of Employees 1 - 3
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training Yes.
Reason for Sale Health.
Description Successful, growing art gallery/whimsical gift store right on the historic plaza in the downtown tourist destination of Sonoma! Featuring consignment work by several well-known and popular local and regional artists as well as consignment jewelry retailing from $20 - 600. Consignment sales account for approx. half of gross sales. Unusual and fun gift items, focusing on faeries/dragons, home decor, fountains, candles, fantasy and much more. Kid's showroom with upscale imaginative and educational toys. Blue Mountain and Tree-Free cards, T-shirts, balloons ... Building is quaint and is a historic site. Consists of main showroom, kid's showroom, outside garden, inventory room with shelving, small work area, two bathrooms. Inside space approx. 1200 sq. ft. Rent is $4000/month. We opened May 1 and are reluctantly selling due to unexpected health issues. Strong local following already built up and increasing every day, plus we draw dedicated customers from all over the greater Bay area. Huge potential to grow and expand, we've barely scratched the surface! May to September gross income $125,000. Expenses $69,000 ( some of which involved one-time set-up costs) plus total inventory purchased of approx. $40,000. We are asking $35,000 (negotiable) for the business, including all fittings, plus inventory at time of sale (est. $20,000). This fun business has shown a profit from the first day and would be perfect for a couple who enjoy meeting folks from all over the world and would love to live in this little piece of paradise. We anticipate strong Christmas sales - NOW would be a great time to take advantage of this enjoyable business and likely payback your investment by the end of the year ... We also have a fledgling E-Bay store. Four years remaining on store lease, with option to renew. Photos available by request. Please e-mail or call Jonathan at 707-933-8212.
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