Art Supplies, Custom Framing, Art Gallery

Not Disclosed, WY


Asking Price: Annual Revenue:
$148,000 $230,039

Retail: Art, Photography, Accessories


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RE: Art Supplies, Custom Framing, Art Gallery Broker: Joe MacGuire
Owner Financing is Available!
$133,200 down/$14,800 over 60 months @ 5%.

Quick Facts

Asking Price: $148,000
Annual Revenue: $230,039
Net Profit: Not Disclosed
Cash Flow: $33,563
Total Debt: Not Disclosed
FF&E: $28,000
Real Estate: Not Disclosed
Year Established: 2013
Employees: 3
BBN Listing #: 71324955
Broker Reference #: 7503-16372

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Business Overview:

Traditional art supply store catering to all artists amateur through professional, art courses, art gallery, custom framing, yarn, knitting supplies and coffee shop. Located in a restored downtown building listed on the national historic registry, this well-lit, beautiful shop caters to serious artists that want to see and feel the tools and supplies used in their craft. Carrying the finest brushes, paints, knives, pencils, pastels, inks, papers and other supplies, this is an old-time specialty art supply store with a very loyal clientele. The store offers art classes, knitting club and other social gatherings. The coffee shop and art gallery are the perfect place for gatherings or for some quiet time on the Internet. The store specializes in custom framing and caters to clients all over the State with the largest supply of framing materials, mats and specialty glass in the region.

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Property Features and Assets:

Located in approximately 4,500 square feet, the store is divided into a retail area and a second art gallery / coffee shop. The natural division of the two spaces lends to the quiet and quaint atmosphere in the art gallery / coffee shop versus the bright colors and vibrant conversation in the retail area. The store is located in a beautiful building that is on the National Registry of Historic Buildings. The business has been in the same location for over 70 years. With modern wood-grain vinyl plank floors, wall colors and bright natural skylights to create a beautiful and inviting atmosphere that is enjoyable for all. It is just a wonderful shop to walk into and browse, even if you are not an artist. The retail offering includes gallery quality art, stationary, note cards and fun toys for the kids. It is a must stop while shopping downtown. Assets = $103,000.

Market Competition and Expansion:

The competition for the shop comes from the big-box stores in the area. This business concentrates on higher-end tools and supplies that are typically not offered by the large chain stores. The art and supply side of the store caters to customers that are looking for selection, the shopping experience, advice and friendship. On the framing side, most of the competition is from big-box stores selling pre-made frames. This business specializes in premium custom made frames, matting and glass for special art. The gallery has a very good reputation with a list of artists that want to display their work in the shop. The gallery does not compete with other galleries typically found in the western part of the State. The coffee shop caters to more discerning guests looking for the ultimate coffee beverage combined with a beautiful and quiet place to meet. There are competitors in the area, but they cater to a different clientele. The sales were growing steadily pre-COVID. There is every reason to believe that the coffee shop and art classes will continue to grow over time. The response to the coffee shop has been overwhelmingly positive and the owner anticipates strong growth in the coffee shop. This is a retail business in a time of big box stores and on-line orders. Incremental growth is accomplished through customer service and earning customer loyalty. The coffee shop is a key component to set this business apart from impersonal on-line sources. All of the different parts of this business compliment the others and combined, it is a very stable, fun and rewarding business.

Reason for Selling:

Owner is ready to retire.

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.

Relevant Links:

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