Seller's Contact Information
- RE: Boutique Art Gallery Priced To Sell Quickly
- Contact: 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 |
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 homebased business opportunity.
- This is not a franchise resale opportunity
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