Fine Art Gallery

Not Disclosed, UT
Summit County

Asking Price: Annual Revenue:
$4,950,000 $3,871,078

Retail: Art, Photography, Accessories

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RE: Fine Art Gallery Broker: Elizabeth Bellit
Owner Financing is Available!
Some seller financing may be negotiable for a well-qualified buyer.

Quick Facts

Asking Price: $4,950,000
Annual Revenue: $3,871,078
Net Profit: $1,159,165
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $10,000
Real Estate: Not Disclosed
Year Established: 2000
Employees: 4
BBN Listing #: 12844931
Broker Reference #: Not Disclosed

Email or Print Listing

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Business Overview:

This fine art gallery has a track record of year-over-year sales increases and repeat clients who come back to the gallery time and again for new acquisitions. The gallery sells fine art paintings and sculpture on consignment, and the pieces in stock by more than 40 artists are included in the sale. The gallery is located in a popular tourist destination and has a national reputation for exciting artists and exceptional customer service. There is a sister gallery (not included in the sale) in Carmel-by-the-Sea, California, which enhances the overall brand and value of the business.
After more than a decade in business, greater than half of all sales are repeat clients; the mailing list, email newsletter list, social media accounts, and press contacts are all robust and extensive. The gallery is one of the best known in the Intermountain West, and a respected community partner. The gallery’s 40+ artists are all in good standing and their artwork inventory at the gallery is vast. The new owner will enjoy a seamless transition with staff who have been employed for a combined thirteen years, plus a detailed Management Handbook, and a Brand Guidelines Handbook. Some seller financing may be negotiable for a well-qualified buyer.

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Property Features and Assets:

Approximately 3,990 square feet on 2 levels.

Reason for Selling:

Spend more time with family.

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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