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Asking Price:	$64,900 USD USA Dollars
Business for Sale Industry:	Retail: Non-classifiable
Reason for Selling:	Owners have other commitments
Year Established:	1999
# of Employees:	1
Yearly Revenues:	$99,500
Yearly Cash Flow:	$43,000

Business for Sale Overview:

Don’t miss this rare opportunity to obtain a profitable, well-established art-gallery & 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! Owners have built an outstanding reputation with consignment sales of contemporary art originals from around the world. Easy-to-learn custom framing services enhance the art, and bring the majority of income for a steady income stream. This profitable, creative business the center Southern California’s most desirable community has outstanding growth potential. This listing will not last long.

Property Features and Assets:

Approximately 700 square feet on first floor with window store frontage in Pine Tree Circle Shopping Center in the center of Topanga. Current rate is $1,600 per month. Front room is art gallery. Excellent opportunity to add highway signage. Topanga is only minutes away from the hustle and bustle of Santa Monica and Los Angeles. Equidistant from the San Fernando Valley and PCH, Topanga Canyon 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, and a quick escape from the city.

Market Competition and 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 (Approximately 12am-5pm). 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. 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. Proximity to high net-worth income art-collectors in Malibu and neighboring communities adds to this rare opportunity.

Additional Details:

• The property is leased.
• The owner is willing to train/assist the new owner.
• The owner is not willing to work for the new owner.
• This is not a homebased business opportunity.
• This is not a franchise resale opportunity.
• This is not a distressed business or bankruptcy situation.