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Established Art Gallery For Sale

Details: Asking price:$5,550,000; Sales revenue:$3,000,000; Net profit:$1,000,000; Fixtures value:$75,000; Inventory value:$500,000

Business description: This is a long-standing Art Gallery, family owned and operated for 12 years. The location has been an art gallery for nearly 50 years. It is a high foot traffic area and a destination for tourists.

General information: Years established:12; Employees: 6; Trading hours: Daily from 10-7; Relocatable: This business can be relocated.; Real Estate: Lease; Lease terms:Five year option.; Location:Prime corner location in the middle of this tourist and locals destination area.; Expansion potential:There is a backyard that can be used for sculpture or gallery expansion potential.; Competition / Market:There is only one small art gallery in the vicinity.; Support & training:Gallery operations training, Art and Artist Training, and Sales training available.; Reasons for selling:Business has been built up for 12 years and parent company is interested in a more international focus.