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Picture Framing and Art Gallery


Description:    Long established and well known art gallery in Durban North for sale. Owners retiring after 25 years and selling for stock and equipment value only. Average turnover in last 5 years of R1,7m with a very profitable gross profit of 75%. Figures are 99% accurate. Great opportunity to acquire a well known and respected business at a bargain price Well appointed gallery and fully equipped workshop on site.
Industry / Sector:    Retail - Other
State / Province:    KwaZulu-Natal RSA
City / Town:    Durban
Location / Area:    Durban North
Portability:    Highly Portable - Can be operated from almost anywhere without much disruption of operations.
Asking Price:    R 450 000
Conditions:    Cash
Turnover:    R 100 000 per month
Profit:    R 7 000 per month
Annual Return:    19 % per annum
No. of Staff:    4
Year Established:    1992
Legal Persona:    Close Corporation
Other Information:   


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Record ID: 2742
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