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Businesses For Sale   >>   Art Gallery Businesses For Sale   

Custom Frame Shop & Art Gallery - Affluent Downtown

Location  California,United States
Asking Price Range  < $250K
Gross Revenues  $200000
Net Profit / Cash Flow  $130000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  2006
Number of Employees  1 - 3
Relocatable  Not Disclosed
Number of Employees  1 - 3
Real Estate  Leased
Training  4 weeks training at no cost to new owner
Reason for Sale  Retiring

Description  
This shop provides high-quality artistic framing as well as the works of several artists. Located on the main street of an affluent community, it enjoys an upscale clientele, with both credit card and cash sales. This shop was started 7 years ago by the current owner, who is also an accomplished artist. Every piece of equipment to produce professional framing is included in the sale. All framing supply inventory (estimated to be well over $10,000) will be included-seller is asking $5k for that inventory. Artwork, both owned and on consignment, is NOT included in the sale; but, some may be negotiable. Sales are by credit card and cash; seller reports gross revenue f about $200k per year, and reports seller's discretionary earnings (SDE/net) of about $130k per year. An interested buyer would be welcome to verify sales by observation of daily and weekly activity. Some seller financing may be available fr a qualified buyer with adequate security. The current clientele is drawn from the elite of the Silicon Valley dot.com community, looking for high-quality presentation of their expensive art, as well as for family portraits and other photography. While the framing business can continue to grow, there is opportunity for expanding the art gallery aspect of the business, for web-based sales of framing services, and for collaborations with professional photographers serving the international corporations in the immediate area (and their executives).


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