High End Frame Shop & Gallery

Montecito, CA (Santa Barbara County)

High End Frame Shop & Gallery
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Asking Price: $169,000

Cash Flow: N/A

Gross Revenue: $305,580

EBITDA: N/A

FF&E: N/A

Inventory: $75,000*

Established: N/A

*not included in asking price.

High End Frame Shop & Gallery

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Business Description

High End Frame Shop & Gallery - Reduced to $169,000!

PERFECT FOR A COUPLE!

High end Montecito frame shop and art gallery attracts Hollywood crowd, wine tourists, and celebrity clientele.

High visibility Corner Location in the Upper Village since 1966.

Fully equipped. Over $300,000 in original build-out and equipment.

Total Monthly Rent | $5,290 + CAMS $940
Total Rent | $6,220; $2.58/sq. ft. for studio/gallery. $1.49/sq. ft. for basement framing workshop.
Annual Gross Sales | $305,579.61 with no website. Just add a website for more sales!
Lease Assumable | Yes
Square Footage | Studio: 1,475 sq. ft.; Basement: 1,000 sq. ft.
Inventory | Total $75,000 at cost included
Parking | Ample parking in shopping center lot

Detailed Information

Location:
Montecito, CA
Inventory:
Not included in asking price
Employees:
2
Reason for Selling:
Retirement
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Sharon Hills

Business Listed By:
Sharon Hills

Santa Barbara Business Brokers

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