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#Business ID: 20314

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Art and Gifts Gallery

Business Location: Union, New Jersey, United States

Asking Price: $ 140,000 Revenue: $ 446,000 Cash Flow: $ 110,000

Business Summary

Well established and reputable art, framing and gift gallery. Located in upscale downtown of affluent Union County community. Original art (40% of revenue), expert custom framing (50% of revenue) and unique hand-crafted jewelry and gifts. Much of the art is consigned which reduces working capital requirements. Owner planning retirement. For further information please contact Larry Svoboda.

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.

Additional Details:

The property is owned.
This is not a home based business opportunity.
This is not a franchise resale opportunity.

Property Details

Years Established:

1973

Property Type:

Lease

FF&E:

$ 8,000

Other Business Details

Premise Details:

3,200 square feet in upscale shopping area of affluent community. Ample street parking. Two years remaining on lease plus one five year option.

Competition:

Competition - Well known in trading area. Reputation for quality. Unique mix of original art, custom framing and unique hand-crafted jewelry and gifts.

Business Operation Details

Employees:

2

Support & Training:

The owner is willing to train/ assist the new owner.

Miscellaneous Details

Financing Available:

Yes
Three (3) years at Prime +2%

Reason For Selling:

Owner retirement.

Contact this seller

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