Business For Sale

Art Gallery For Sale In Downtown Savannah, GA!

Savannah, GA
Chatham County


Asking Price: Annual Revenue:
$165,000 Not Disclosed

Retail: Art, Photography, Accessories


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RE: Art Gallery For Sale In Downtown Savannah, GA! Broker: William Reyes

Quick Facts

Asking Price: $165,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $500
Real Estate: Not Disclosed
Year Established: 2004
Employees: 2
BBN Listing #: 365052907
Broker Reference #: 57971-91824

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Business Overview:

Have you ever dreamed of owning your own art gallery? What about in the heart of Historic Savannah, GA? This prestigious are gallery has it all:
• A reliable customer base,
• Excellent reviews online with an equally impressive reputation to match,
• A turn-key prime location,
• Low work hours in a stress-free environment, and
• Limitless potential & customization.

Seller is willing to continue producing art work; is willing to sign a non-compete agreement; and will provide the new owner with 1 week of training at no additional cost. All offers will be presented.

Business Details
• Price: $250,000
• Gross Revenue: $130,000
• Sellers Discretionary Earnings: $70,000
• Inventory: $300,000
• FF&E: $500
• Category: Art Gallery
• Locations: Savannah
• Employees: 2 part-time
• Years Owned: 13
• Reason for Selling: Relocation

If interested connect with Jacob Jones at 912-721-8808 or jjones@tworld.com for further details.

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Property Features and Assets:

This art gallery's primary competition would be the approximately 20 minutes walking distance making them not a direct competitor with. They are the only art gallery in its area which is located near many hotels, restaurants and historic landmarks. What separates them from its competition is its developed reputation of earned word of mouth referrals from the locals along with their online ordering and delivery services.

Market Competition and Expansion:

Savannah’s regional economy – which includes Chatham, Bryan, and Effingham counties – has been expanding above the national average for nearly seven years, creating 30,000 new jobs along the way, nearly all of them in the private sector. Since mid-2013, the growth has been substantial with growth projected for 2017 and beyond. The Savannah area will also benefit from the growth of the state of Georgia as a whole which is expected to grow above the national average in 2017 and beyond. Source: http://savannahnow.com/news/2017-01-18/savannah-economy-growing-healthy-pace

Reason for Selling:

Relocation

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.

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Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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