Business Overview:
Here’s a one of a kind opportunity to own and operate a highly successful Art School and Gallery. This unique school/gallery is located in a unique small town setting with wonderful ambiance for the enjoyment and appreciation of art and learning. This 20 year old, highly regarded business has carved out a unique local niche teaching hobbyists the art of oil painting. Students include both adults and kids. Currently, the proprietor instructs approximately 30% of the classes, while paid staff teach the remaining class load. Currently the business generates revenue from 4 sources: > Class Fee Income > Framing > Supply Sales > Art Sales The seller believes income can be increased in each of the four revenue areas and is willing to consult with new ownership to create a plan to do so. In addition, the current owner is amenable to training the new proprietor in the ‘turn key’ teaching methods which have produced two decades of happy participants. Seller will train new owner for a period of 3 weeks at 20 hours per week. Annual Sales: $240,000 Seller’s Discretionary Cash Flow: $125,000 Asking: $199,990 Disclaimer: The information above was furnished by the seller. Sunbelt Business Brokers of Orange Coast or its agents have not verified the information and makes no representations as to its accuracy or reliability. For more information call Steve Thomson, CBI, at Sunbelt of Orange Coast at 714-619-9310. Email: steve@sunbeltorange.com. Fax: 949-666-5823.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Reason for Selling:
other ventures.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.