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Business For Sale

Fine Art Gallery on Legendary Canyon Road

Santa Fe, NM

Retail: Home Furniture & Furnishings

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$250,000
$445,000
Not Disclosed
$146,000
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1995
0
379830426
Owner Financing is Available!
Negotiable.

Business Overview:

Profitable Art Gallery on Santa Fe's Legendary Canyon Road. This is an excellent opportunity to own a long-standing, well established fine arts gallery located in the heart of Santa Fe's art colony. This profitable gallery is prominent and visible among the more than 100 art galleries and studios that line the winding, shaded streets. You can find a collection of fine abstract, landscape, figurative, expressionistic paintings and ceramic sculptures. For sixteen years, the current owners/operators have established stable quality artists, both U.S. contemporary as well as internationally known, and have built an extensive client mailing list of 2500. The historical building features a welcoming atmosphere that enhances the art-viewing experience, and draws in the tourist that strolls up and down the street daily. There are six good sized rooms on the ground level plus an office and handsome display shelves, as well as storage spaces. There is also a large attractive sculpture garden outside with excellent visibility. For nearly a century, artists and art lovers have flocked to Canyon Road, "Santa Fe's Art District."

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Property Features and Assets:

Lease Period & Expiration: thru Feb. 2012 with 5 year option. Options: yes. Building Size: 1,200 + sq. ft. Current Monthly Payment: $ 4,700/month continuing thru 02/01/2011. The historical building features a welcoming atmosphere that enhances the art-viewing experience, and draws in the tourist that strolls up and down the street daily. There are six good sized rooms on the ground level plus an office and handsome display shelves, as well as storage spaces. There is also a large attractive sculpture garden outside with excellent visibility.

Market Competition and Expansion:

For sixteen years, the current owners/operators have established stable quality artists, both U.S. contemporary as well as internationally known, and have built an extensive client mailing list of 2500.

Reason for Selling:

Pursue other interests.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.
 

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