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Established Art Gallery In Florida For Sale

Florida
Asking Price:
$114,900 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$210,000 (USD)
Cash Flow:
$60,500 (USD)

Offered for sale and located in a high-traffic area on Florida's affluent and desirable Treasure Coast: A popular and profitable art and gift gallery/ specialty retailer that has been an area icon for 40 years. Generating apx. $140,000 yearly in gross sales. Business a typical ~$25,000 of inventory. Not a typical art gallery that only focuses on pictures/painting, this gallery also displays unique woodworking, small furnishings, crafts, glass work, ceramics and dimensional wall hangings.

Property information

Living Accommodation:

NA

Location:

Florida's Treasure Coast (east coast north of Palm Beach County)

Premises Details:

Price cut! Thriving gallery benefiting from a beautiful highly foot-trafficked store with compelling shelving and dual wide window displays. Impressive leasehold improvements at $88,000 +. New and newer equipment includes new Apple computer, printer and licensed high-end inventory management "Lightspeed" software.

Size in square feet:
1,728
Planning Consent:

NA

Business Operation

Expansion Potential:

Seller has a number of plans to sustain the success and further grow sales for a new owner.
Contact the Seller

Competition / Market:

Store has remained consistently popular and profitable for 40 years, while other galleries have not. A well known and popular gallery enjoying strong relationships with local and national artists and many loyal, repeat customers.

Reasons for selling:

Retirement

Trading hours:

Normal daytime hours

Employees:
2
Years established:
1976

Other Information

Support & training:

Seller will stay on to assist and introduce to artists, key clients, vendors for a reasonable period and remain on-call for a time after that...

Furniture / Fixtures value:
$13,900 (USD) - included in the asking price
Inventory / Stock value:
$26,000 (USD) - included in the asking price

Contact Information

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