Art Gallery Listing ID: 2107 Location: Beverly Hill, California
Brief: This business opportunity has sold and is no longer available.
Listed Price: $1,100,000
Total Revenue: $805,000
Seller's Discretionary Earnings: $315,000
Fixtures Furniture, & Equipment: $115,000
Real Estate: None
Inventory: None
Financing / Terms: Negotiable
Business Information
Year Established: 1990
Number of Employees: 5
Days and Hours of Operation: M-Sat. (10:00am - 6:00pm)
Relocatable: Expansions licenses avail
Franchise Information: N/A
Facilities / Location: The store is located in a prime location in one of the most affluent areas of the country. Beautifully appointed with elegant displays. Approximately 3,600 square feet.
Lease Information
Lease Expiration Date: December, 2008.
Option: Two 3 year options.
Monthly Rent: $6,900
Additional Information
Reason for Selling: Health Reasons.
Business Description: This is a premier Art Gallery commissioned to sell the work of a number of nationally renowned artists with a loyal following. This location is currently absentee owned and operated.
Potential for Growth: Business is targeting over 1 million in sales for 2005 and holds expansion licenses for additional stores.
