Established & Profitable Art Gallery For Sale

Business description

This attractive art gallery specializes in original Canadian contemporary art including paintings in various media, sculpture, original prints, ceramics and glass. The business is located in a major Atlantic Canadian city and has earned a sterling reputation within the arts community both locally and nationally. The business is well established and has a consistent history of profitability and moderate sales growth. It has developed a strong business relationship with many of Canada’s most recognized contemporary artists and a loyal clientele that continue to patronize and support the business. It has started to expand its sales into the commercial and professional community and has an excellent website that contributes to sales in a meaningful way. This is an ideal business for an entrepreneur who has a passion for art. It offers the opportunity to work with well known artists and people who appreciate art while earning a very comfortable living and building a business you will take great pride in.

Property information

Location:

The leased premises occupied by the company are ideal for an art gallery with more than 3000 sq ft of space, a large open area with 14’ ceilings and ample room for inventory, shipping and inventory. The premises are situated in a prime area of the city core which is currently diversifying from industrial to residential, commercial and cultural uses.

Other information

Expansion potential:

The company has a solid base and reputation on which to grow. The company has determined that approaching the marketing of its product from a more business perspective would be very helpful, including a more profession advertising campaign and finding ways to better take advantage of and optimize the use of its website.

Competition / Market:

While there are other art galleries in the company’s market area they identified an attractive niche in Canadian Contemporary Art and have developed an excellent reputation both locally and nationally.

Support & training:

The seller is committed to ensuring a smooth transition to new ownership and looks forward to seeing the Company properly placed in the hands of a visionary entrepreneur who will continue the success of the Gallery.

Reasons for selling:

The owner is retiring.

Financing available:

Seller will consider financing portion of the purchase price for an approved buyer.

Furniture / Fixtures value:

$10,000

Inventory / Stock value:

$40,000

Contact the seller

For more information about this business for sale, click the Contact Seller button.

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