Santa Monica Hybrid Art Workshop Kids And Gallery For Sale

Business description

Summary Description

Adjusted net quoted would be for actual hands-on team like husband and wife, or similar, as this entire operation could be run by 2 people. As is there are 5 part time people who run the business, taking away about $4,000 a month in revenue, the current owner is absentee, only working about 4 hours per week on the weekend. Needs a marketing savvy individual who will pull the tremendous amount of foot traffic in on a daily basis to drive more revenue. Very passive at this time.

Multiple revenue streams abound, first is uninstructed painting time and workshops the instructors put on, along with group parties and private events that are held on site. Sales from supplies contribute additional revenue, as do moms and dads who come in with their kids for some bonding and painting fun that doesn't get their house all messy. Finally, art from noted local artists (who pay a nice open house fee) are located all along the insides and the proceeds are split 50/50 between the house and the artist.

This is a once in a lifetime opportunity for a creative and a business minded team to make an excellent living doing a very relaxed lifestyle business on the Westside. NDA is required, Buyers must visit with Broker only after normal business hours as the employees are unaware of this confidential sale.

General Information

Facilities: Half indoor and half outdoor courtyard space on a busy Santa Monica street with tons of walk-in and walk-by traffic driving nearly all new business.

Competition: Only about 3-4 competitors in the entire Los Angeles and San Fernando Valley that the Seller is aware of, so this is a largely untapped business model. Not like other heavily blanketed mom and pop retail shops.

Support/Training: 1 week, owner has demanding schedule in entertainment industry and this is a very straightforward operation.

Reason Selling: Entertainment industry job commitment demands too much time.

Year Established: 2009

Employees: 5 PT

Property information

Real Estate:

Lease