Profitable Art Gallery For Sale

Business description

Priced $185,000.00 + stock, an amazing upscale art gallery specializing in Canadian Native art for private collections as well as corporate and social gifts. Revenue reached $540,000 in 2007 with at least $97,000 in profits . The business has excellent financial records to support sales and profit figures. Established over 25 years with an extensive corporate and international private customer list. The store has well trained long-term employees and requires only 2 days/week owner supervision. This is a unique opportunity for an individual who is passionate about art, or an artist in pursue of a profitable business and wants to work in a prestigious and peaceful environment. Knowledge about this specific art form is not required -- but an appreciation for art is. The store has an amazing design that would cost more than $200,000 in leasehold improvements to build from scratch. Products are unique to Canada . The store commands, as a result, a very high margin on its products. (+250% mark-up). The gallery is in a prime location downtown, near an upscale hotel, with a good, long-term lease. Highly organized and well run with up-to-date procedures manuals. Sales are growing steadily due to the high quality and visibility of the exceptional company web site, ranking very high on Google, and a very successful Internet Marketing Strategy. Owner retiring.

Other information

Competition / Market:

The business has unique products with no competition in its product category.

Support & training:

The owner will train.

Reasons for selling:

Retirement

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