Art Studio

Southington, CT
Hartford County

Southington, CT


Asking Price: Annual Revenue:
$150,000 $125,000

Retail: Art, Photography, Accessories


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RE: Art Studio Broker: Jeff
Owner Financing is Available!
will finance up to 50% of the sale price

Quick Facts

Asking Price: $150,000
Annual Revenue: $125,000
Net Profit: $5,000
Cash Flow: $25,000
Total Debt: $1
FF&E: $45,000
Real Estate: Not Disclosed
Year Established: 2018
Employees: 4
BBN Listing #: 363557016
Broker Reference #: Not Disclosed

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Business Overview:

Art Studio of Connecticut is a unique combination of a BYOB art studio and art gallery located in Southington, CT. The business is coming up on its 1 year anniversary, with approximately $125,000 in sales in the first year with very little marketing, the budget for next year is $150,000. The business has a has a great Facebook page and presence along with the website. The space is leased with 4 years left on the lease with an option for an additional 5 years. The current lease is paid in full until January 2020. This business will work best if its owner operated and the owner has an art background. Current owner is moving out of state.

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Reason for Selling:

moving

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.

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