Established, High Growth Fine Art Publisher

Not Disclosed, UT
Utah County

Asking Price: Annual Revenue:
$6,000,000 $6,306,914

Retail: Art, Photography, Accessories

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RE: Established, High Growth Fine Art Publisher Broker: Michael Hamilton

Quick Facts

Asking Price: $6,000,000
Annual Revenue: $6,306,914
Net Profit: $1,443,576
Cash Flow: $1,443,576
Total Debt: Not Disclosed
FF&E: $24,629
Real Estate: $300,000
Year Established: 1978
Employees: 36
BBN Listing #: 56954955
Broker Reference #: 7401-15402

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Business Overview:

The Company is a leading global publisher of inspirational fine art. Complete vertical integration ensures the Company has the highest gross margins among fine art publishers and framers in its class. Founded in 1978 as a do-it-yourself frame shop, the Company has expanded to include state-of-the-art framing facilities, local and offshore manufacturing partners, four retail locations and a global footprint of customers who have a deep emotional loyalty to the artists and artwork that the Company provides.

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Property Features and Assets:

The Corporate Offices and Production Warehouse are located in Wasatch front in Utah. Additionally, there are 3 galleries, one in Utah County, Utah. the second gallery is located is in Salt Lake County, Utah and the third is located in the central United States. The third property includes real estate and building. The building as been improved and includes an art gallery, soda shop and apartments on the top floor. All of the other locations are being leased and are transferable. Assets-$865,481

Market Competition and Expansion:

The Companys' main competitor in the church market is Altus. However, Altus’ major sale channel is the wholesale market. The Company has a much broader product offering and more diverse sales channels. The market also has several talented self-published artist’s but they do not represent a serious competitive threat. The key competitive advantages that the Company has developed are 1) Exclusive artist content, 2) Exclusive sales channels such as Costco, Galleries, Church, 3) Loyal yet loyal fan base, 3) Expertise in event-driven sales such as Swiss Days (large Utah art fair), Popups, etc. The Company has a number of strategic initiatives the will widen it's market and leverage growth in the online area. Grow the wholesale channel by developing the domestic market in addition to the regional (Mountain West) that the Company currently dominates. Grow the number of Artist's associated with the Company. Particularly in the area of nature-based work with the intent of broadening the customer base. Enhance the customer database to unify sales information from different channels. This would enable a target marketing campaign to the individual customer more effectively. Grow the retail side of the Company by increasing its' online presence, Improve Marketing effort by beginning a well-planned Marketing campaign.

Reason for Selling:

The current owner has been running this business for

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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