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- RE: Well-Established Fine Art Gallery
- Contact: Scott Stricker
Quick Facts
Asking Price: | $750,000 | |
Annual Revenue: | Not Disclosed | |
Net Profit: | Not Disclosed | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | $1,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 1989 | |
Employees: | 3 | |
BBN Listing #: | 978780 | |
Broker Reference #: | 2998 |
Business Overview:
This well-established fine art gallery and frame shop for sale is located in a well-known walkable mixed-use area that features various retail, restaurants and special events in West Des Moines, Iowa. The business sells both classic and modern artwork produced by well over 100 known and unknown artists. The business is well known for their extensive selection of paintings, sculptures, prints, posters and mixed media art. The professional framer works with individuals and businesses to provide high-quality custom framing services.
*The sale price of this business is lower than the wholesale value of the inventory. There is also a substantial amount of art being sold on a consignment basis. See the Circular for more information.
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Property Features and Assets:
The business has almost 6,000 square feet of space with great visibility for shoppers in the heart of a well-known walkable area. The business is on a month-to-month lease. Â Â Â Â
Market Competition and Expansion:
The business could grow revenues by hiring a salesperson which would focus on art sales to businesses in the area. The area has an excellent art scene with many local collectors. The business would benefit from an aggressive marketing campaign to let people know of the great works of art available locally.
Reason for Selling:
RetirementAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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