19 W Gutierrez St

    Santa Barbara, CA 93101
    • $97,000
    • STATUS: Active
    • ON SITE: 67 days
    • MLS #: 20-348
    UPDATED: 45 min ago
    $97,000
    • 0
      BEDS
    • 0.62
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 796
      SQFT
    • $122
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    County:

    School Ratings & Info

    Listing provided courtesy of Century 21 Butler Realty, Inc..

    Description

    Santa Barbara Art Frame Company has been operating profitably -and at the same location- for more than 30 years. Over 60 select local galleries, collectors, artists, and organizations have long-term vendor relationships with SBAFCO, making this a most sought-after source for framing of art in Santa Barbara. Always on the first page of relevant Google searches, and with multiple 5-star reviews, there is ample room for increased sales and profits because owners work less than 40 hours/ week and continue to be backlogged with work!With modest rents for such a strategic downtown location, this studio is self-contained with a kitchen, full bath, and loft which could be attractive to a single operator or mom-and-pop venture. Large skylight with heat and A/C too!The business generates in excess of $50,000.00 NET income annually. Sellers will train a new owner/operator extensively at their own investiture of time and expense and will even pay for a new owner/operator's formal schooling. All equipment necessary for the day-to-day operations are included. See FF&E's list in "Documents" folder. SBA qualified or Sellers will carry financing subject to approved credit. Solid lease in place. See "Documents" tab for List of FF&E's, Customer List, Price List, and Business Disclosure Statement

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    © 2020 Santa Barbara Multiple Listing Service. All rights reserved. Based on information from the Santa Barbara MLS as of 2020-04-06T15:46:50.267. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Data last updated 2020-04-06T15:46:50.267.
    www.searchsbhomes.com/homes/102743598

    19 W Gutierrez St Santa Barbara, CA 93101

    • Price: $97,000
    • Status: Active
    • Updated: 45 min ago
    • MLS #: 20-348
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.62
    Acres
    796
    SQFT
    $122
    $/SQFT
    Neighborhood:
    SB/West of State
    County:
    Santa Barbara
    Area:
    SB/West of State
    Property Description
    Santa Barbara Art Frame Company has been operating profitably -and at the same location- for more than 30 years. Over 60 select local galleries, collectors, artists, and organizations have long-term vendor relationships with SBAFCO, making this a most sought-after source for framing of art in Santa Barbara. Always on the first page of relevant Google searches, and with multiple 5-star reviews, there is ample room for increased sales and profits because owners work less than 40 hours/ week and continue to be backlogged with work!With modest rents for such a strategic downtown location, this studio is self-contained with a kitchen, full bath, and loft which could be attractive to a single operator or mom-and-pop venture. Large skylight with heat and A/C too!The business generates in excess of $50,000.00 NET income annually. Sellers will train a new owner/operator extensively at their own investiture of time and expense and will even pay for a new owner/operator's formal schooling. All equipment necessary for the day-to-day operations are included. See FF&E's list in "Documents" folder. SBA qualified or Sellers will carry financing subject to approved credit. Solid lease in place. See "Documents" tab for List of FF&E's, Customer List, Price List, and Business Disclosure Statement
    Property Features

    1031 Exchange No Business Information Current Use Art Framing Business Information Days Per Week 5 Business Information GNNN Gross Business Information Hours 30-35 Business Information Owner Works Yes Business Information Valueof Fixture 40000.00 Business Information Year Established 1989 Business Type Bus Other Condition Good Covenant No Cross Street State Street Deposit 10000.00 For Sale Or Lease For Sale Franchise No Gross Square Feet 796.00 Income Expenses Advert Exp 400.00 Income Expenses Annual Gross Income 133716.00 Income Expenses Effect Gross 82139 Income Expenses Ins Exp 1144.00 Income Expenses License Exp 550.00 Income Expenses NOI 56065.00 Income Expenses Rent Exp 18022.00 Income Expenses Sales Tax 10690 Income Expenses Utility Expenses 1875.00 Lease Assumable Yes Loan No Not Rented Square Feet 796.00 Offices 2 Parking Pub/Lot Real Estates Included No Reports Other Retail 1 Terms CashCtnlOtherOwc 1st Total Bathrooms 1.00 Type Business Opportunity Use Retail/Commercial Year Built Remarks Uknown Yr Zoning C-2

    Listing information © 2020 Santa Barbara MLS
    Listing provided courtesy of Century 21 Butler Realty, Inc..



    © 2020 Santa Barbara Multiple Listing Service. All rights reserved. Based on information from the Santa Barbara MLS as of 2020-04-06T15:46:50.267. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Data last updated 2020-04-06T15:46:50.267.
     
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    Listing provided courtesy of Century 21 Butler Realty, Inc..