Profile: Profitable Art Gallery/Framing-Topanga / West La- Bargain Price For Quick Close.
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Ad/Listing Information
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| Financial Information |
Detailed Information |
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| Asking Price: |
$64,900 |
| Down Payment: |
Call/Email |
| Annual Revenue: |
$99,500 |
| Annual Adjusted Net: |
$42,845 |
| Price Range: |
$0 to $100,000 |
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| Franchise: |
No |
| Relocatable: |
Yes |
| Home Based: |
No |
| Real Estate Included: |
No |
| Bkr To Bkr Coop: |
Yes |
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Description:
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Don’t Miss This Rare Opportunity To Obtain A Profitable, Well-Established Art-Gallery & Easy-To-Learn Custom Framing Shop At A Bargain Price! Due To Outside Commitments, The Partners Must Sell Quickly And Are Willing To Reduce Their 89,900 Asking Price By 25,000 For A Quick Close Of Escrow!
Howell-Green Fine Art & Custom Framing Has Built An Outstanding Reputation With Consignment Sales Of Contemporary Art Originals From Around The World. Easy-To-Learn Custom Artisan Framing Services Add A Steady Income Stream Which Has A Great Potential To Be Expanded. (Custom Framing Courses Are Available From Professional Wholesale Suppliers) It Is The Only Custom Framing Shop In The Immediate Area Which Is A Combination Of High Income Homes And Many Artists. Frame Shop Is Currently Undergoing Remodel.
The Gallery’s Two Partners Have Spent The Past 8 Years Building The Gallery & Framing Reputation, And They Have An Extensive Client And Mailing List. Topanga’s Well-Known Pine Tree Circle Shopping Center Has Become A More Well-Known Topanga Attraction In The Eight Years Since It Has Opened, And Will Continue To Grow. This Profitable, Creative Business In The Center Southern California’s Most Desirable Community Has Outstanding Growth Potential. This Listing Will Not Last Long. Please Call The Broker For More Information And/Or Gallery Appointment.
Beautiful Topanga Canyon
Highway 27 Runs Through Topanga. The Center Of Town Is 8 Miles From Woodland Hills (Ventura Fwy #101,topanga Canyon Exit), 5 Miles From The Pacific Coast Highway And Under The Jurisdiction Of The County Of Los Angeles. Topanga Is A Mountain Community Between Santa Monica And Malibu, San Fernando Valley And Pch, And Is A Place Of Natural Beauty. State Parklands Include Over 40 Miles Of Trails For Hiking, Mountain Biking, And Horseback Riding Through Lush Grasslands, Mountain Greenery, And Topanga Creek. Many Come For The Scenic Drive, Shopping, Or A Lovely Dining Experience And A Quick Escape From The City.
A Southern California Favorite For Tourism, Topanga Has A Bustling Business Community Located Primarily Along Topanga Canyon Blvd. One Can Find Everything From Antiques And Vintage Clothing, To Rocks And Crystals, Dance And Fitness Classes, Markets, Restaurants, A Beauty Salon, A Bookstore And Even A French Coffee House. Topanga Hosts Many Community And Art-Related Events Throughout The Year. Visitors Are Attracted To Concerts, Cook-Offs, Live Performances At A World Class Theater, Topanga Days And The Topanga Parade, There Is Hardly A Week Without Community Activities. With Summer Temperatures Approx. 15 Degrees Cooler Than The San Fernando Valley, Topanga Boasts A Comfortable Climate Year-Round. The Proximity To The Beach And No Major Chain Stores Has Made It One Of The Most Desirable Residential Communities In Southern California. Add The High Net-Worth Income Art-Collectors In Malibu And Neighboring Communities It Presents A Rare Opportunity.
Refer To www.topangachamber.org For More Information.
Facilities: Approx. 700 Sq. Feet On First Floor With Window Store Frontage In Pine Tree Circle Shopping Center In The Center Of Topanga. Lease Up For Renewal 9/1/2008. Current Rate Is 1,600 Per Month. Front Room Is Art Gallery. Large Back Room Is Utilized For The Custom Framing And Storage. Excellent Opportunity To Add Highway Signage.
Reason For Selling: Partners Have To Leave For Other Commitments.
Employees: Gallery Owners Recently Hired Their First Employee To Assists For 15 Hours Per Week.
Support/ Training: Training And/Or Consulting Available For Negotiation. (Custom Framing Courses Available On Regular Basis From One Of The Largest Wholesalers)
Growth/ Expansion
There Are Great Opportunities For Increased Income For This Currently Profitable Business. Extending Open Hours Will Bring In More Visitors. The Gallery Has Only Been Open 30 Hours Per Week Or Less (Approx. 12-5pm – 5 Days). Other Ideas Include A Sign On The Main Highway, Advertising, More Emphasis On Custom Framing, And The Expansion To Other Types Of Artisan Favorites Such As Movie Posters, Jewelry, Sculptures, Etc.
Seller Financing
Partial Financing May Be Possible To Help Facilitate Quick Sale.
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