Profile: Profitable Art Gallery Close To High-End Shopping Area.
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Ad/Listing Information
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| Financial Information |
Detailed Information |
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| Asking Price: |
$275,000 |
| Down Payment: |
$247,000 SB |
| Annual Revenue: |
$392,185 |
| Annual Adjusted Net: |
Call |
| Price Range: |
$250,001 to $500,000 |
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| Franchise: |
No |
| Relocatable: |
No |
| Home Based: |
No |
| Real Estate Included: |
No |
| Bkr To Bkr Coop: |
Yes |
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Description:
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Beautiful And Very Well Located Gallery In A Very Desirable Shopping Area Ready For A New Owner To Carry The Owner’s Effort And Legacy Forward. This Groundbreaking Gallery Has Been Able To Combine The Spirit Of A Collective With An Innovative Business Model That Allows The Owner To Get A Constant Stream Of Income By Reserving Studio Space For Established Artists. In Addition, The Framing Shop Is Beginning To Take Flight But It Is Still Undeveloped And Waiting For A New Owner To Use This Opportunity To Generate More Revenue. Finally, The Gallery Itself Holds Dozens Of Works Of Nationally And Internationally Recognized Mid Career Artists Who Are Consistently Shown And Collected In The U.S. And Abroad Making It A Point Of Interest For Any Well-Versed Collector.
This Opportunity Is Ideal For The Gallery Owner Ready To Expand, The Manager Of An Art Gallery Ready To Start His/Her Own Business Or A Buyer With An Enthusiastic Interest In Art And Willing To Learn. This Is A Great Lifestyle Business For An Owner/Dealer/Manager Or Outstanding Brand Acquisition/Expansion For Multi-Location Dealer.
Owner Will Work To Provide Effective Training And Knowledge Transfer Of Dealer Roles And Gallery Operations.
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