Boutique Art Gallery Priced to Sell Quickly

New York, NY
New York County

Asking Price: Annual Revenue:
$60,000 $80,000

Retail: Non-classifiable

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RE: Boutique Art Gallery Priced to Sell Quickly Broker: Bob Dunphy

Quick Facts

Asking Price: $60,000
Annual Revenue: $80,000
Net Profit: Not Disclosed
Cash Flow: $40,000
Total Debt: Not Disclosed
FF&E: $30,000
Real Estate: Not Disclosed
Year Established: 2013
Employees: Not Disclosed
BBN Listing #: 767835879
Broker Reference #: 6842-31240

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Business Overview:

This Upper East Side boutique art gallery is priced to sell fast. Great, upscale neighborhood and good foot traffic. Low rent and minimal expenses keep costs under control. Inventory is by consignment. Revenue streams include gallery rentals for shows, commissions on art sales, classes, art restoration and gallery framing.

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Property Features and Assets:

This gallery was opened in 2013 by the artist/proprietor, a longtime painter and restoration expert. He operates it on his own.

Market Competition and Expansion:

This business has the potential to grow with the input of someone with an art marketing and sales background.

Reason for Selling:

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.

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