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Art Gallery And Framing Studio In Johannesburg For Sale

Johannesburg, Gauteng, South Africa
Asking Price:
R550,000
Sales Revenue:
R672,025
Cash Flow:
R266,688

LOCKDOWN Level 4 update: The Gallery is open under Level 4 and is trading again with a positive outlook.

Pre-Lockdown write-up:
This niche studio has been operating in the same premises for over 20 years!
Their reputation for relevant art and quality framing services has earned them a loyal client base, with many repeat clients returning time and again.

Another positive factor for this Gallery is that the greater area has been developed into a modern upper-class area. The market has literally grown around the Gallery, enabling the Husband & Wife owners to stay where they have been for over 20 years.
Here is a calm environment for someone with an eye for relevant art; someone who has perhaps been stuck in an 8 am to 5 pm corporate environment and who can now follow their passion in Art, and make some money doing so.

The asking price excludes the stock which has an average value of R375,000. The stock has to go with the business purchase.

Business Operation

Reasons for selling:

The Owner is retiring and emigrating back to Europe.

Trading hours:

Mon - Fri: 11:00 - 17:30, Sat: 11:00 - 14:00, Sun: Closed

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