Stunning Turn Key Gallery-Best Location in Seattle

Not Disclosed, WA
King County

Asking Price: Annual Revenue:
$149,000 $553,159

Retail: Art, Photography, Accessories

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RE: Stunning Turn Key Gallery-Best Location in Seattle Broker: Judy Elrod

Quick Facts

Asking Price: $149,000
Annual Revenue: $553,159
Net Profit: Not Disclosed
Cash Flow: $97,682
Total Debt: Not Disclosed
FF&E: $60,000
Real Estate: Not Disclosed
Year Established: 1977
Employees: 1
BBN Listing #: 30764955
Broker Reference #: 8004-14408

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Business Overview:

A truly stunning Gallery! Turn-Key.

Profitable. Best location on a busy corner near prime Tourist area and high-end condos and hotels with below market long-term lease.

This beautiful Gallery is the home for the finest in contemporary art from regionally, nationally and internationally recognized artists in a variety of media including paintings, unique glass art and an exceptional collection of bronze sculptures, furniture and ceramics.

Substantial nationwide and international customer base. Excellent website.

If you are a Gallery or individual wanting to expand to the booming and high net worth Seattle market with cruise line and convention traffic you will find this location with its low rent and home for multiple renowned artists is the best around.

It is an excellent time to purchase this turn-key operation

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Property Features and Assets:

Impressive and large gallery is a stunning showcase allowing creativity in exhibiting the paintings, sculpture and glass art, furniture and ceramics. Long-term lease, below market rent is in the most desired and lively location in Seattle. Corner, busy street front location. Near Pike Place Market-- the prime tourist area and major hotels and convention center and cruise ship traffic. 3,383 square feet at $1.06 sf/month plus NNN. Total Assets; $20,000.

Market Competition and Expansion:

Collectors from all over the world and locals have come to expect the best in original art from this gallery and visitors come in to enjoy this breathtaking gallery. Substantial nationwide and international customer base. Owner has recently rolled out a successful social media presence and e-commerce site that has already resulted in additional sales. Gallery now has regular exhibition schedule and pop-up events as well as Peer Space presence for evening events. The new owner can increase the Gallery's presence on social media and capitalize on e-commerce marketing campaign as well as the established, profitable, world-class gallery. It is an excellent time to purchase this turn-key operation and begin your legacy.

Reason for Selling:

Health reasons. Seller is motivated to sell.

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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