A business that includes a picture framing business, an art gallery and a gift shop is a business that has an excellent chance of succeeding. If the location is high traffic this will get potential customers to stop and go through the gallery. If your shop is located in a tourist area you may get an entirely different group to visit your store depending on the time of year.
The gift and framing business should give the store a constant cash flow and the gallery will help the bottom line each quarter. Pictures and art works are an individual like or dislike. What one person would find a must have item another could pass on without a second thought. This means in the gallery you will need to have some variety of art and pictures. Two attributes are needed to be a successful gallery owner. You must be passionate about art and you must be a good businessman with really good people skills. Negotiating the sale of an expensive piece of art is not a take it or leave it type of sale. It takes some skill and a willingness to deal to make the sale happen.