Description

Groovy art gallery for sale, destination location that is perfect for families to visit, you're just as likely to see people hanging out playing the guitar or enjoying their beverage of choice just chillin' checking out the new thoughtful pieces that are on display from a who's who roster of exclusive artists. Seller has the inventory on consignment, so value reflected in inventory value is approximate retail value of current shop as-is where-is. 50/50 split on all sales, about 20% of the gross revenues are from repeat customers. Seller is an amazing curator with 30 years of experience in the industry and will take the hybrid art-focused entrepreneur under her wing and help the business thrive under new management. Long term transition period is possible for the right Buyer. 70% of sales are original paintings, 30% are sculptures. NDA is required for full package on file with Broker.

Detailed Information

Inventory: Included in asking price

Facilities: 800 square feet in one of the most heavily trafficked plazas and some of the busiest businesses in Malibu keep the walk ins coming year round.

Competition: No immediate competition, Seller pays no mind to competitors.

Growth & Expansion: Expand local outreach to local businesses, increase awareness via magazine publications and the like.

Support & Training: As needed. Long term transition provided by the Seller for any Buyer that loves the art business.

Reason for Selling: Wants the freedom to go back on the road.

Posted Nov 14, 2016

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