Prestigious Santa Fe Fine Art & Western Art Gal...

Santa Fe, NM
Santa Fe County

Asking Price: Annual Revenue:
$825,000 $1,484,177

Retail: Non-classifiable

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RE: Prestigious Santa Fe Fine Art & Western Art Gal... Broker: Michael Greene

Quick Facts

Asking Price: $825,000
Annual Revenue: $1,484,177
Net Profit: Not Disclosed
Cash Flow: $382,724
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2006
Employees: 1
BBN Listing #: 848444632
Broker Reference #: SANTAFE001-N203

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Business Overview:

This Santa Fe art gallery has established a reputation for offering quality fine art. The carefully curated collection includes regionally and nationally acclaimed artists. It works with discriminating and affluent art collectors from around the country. The gallery has grown its sales each year since it opened in 2006. New owners will inherit the accounts receivables as of the time of the sale, a figure that currently exceeds $139,000 in income. Also available are the casting rights for one of the premier names working in the field today with the estimated $3.3 million-plus in net income. The inventory of gallery-owned bronzes with a net retail value of $450,600 can also convey to new owners for an additional $100,934, which is the cost of casting these bronzes.

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Reason for Selling:

Seller to 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.

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