MergerPlace

One of Seattle's Best Art Galleries

Washington (King)


  • Asking Price: $250,000
  • Gross Income: $535,365
  • Cash Flow: $99,509
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $43,628
  • Listing ID: #198839
  • Established: 1977
  • Employees: 1 FT/1 PT

Business Description

Profitable Gallery shows 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 stone and bronze sculptures suitable for indoor and outdoor spaces. Active leader in Seattle's vibrant art scene since 1977. Fantastic location. Beautiful space with a favorable long term lease. A truly special Gallery!


Business Details

Primary Business Category: Amusements, Entertainment, Other
Location: Washington
County: King

Company Information

Year Established: 1977
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 1 FT/1 PT

Financial Information

Asking Price: $250,000
Gross Revenue: $535,365
Cash Flow: $99,509
FF&E: $43,628
Seller Financing Available: No

Property Information

Facilities:

Impressive showroom is a stunning showcase allowing creativity in exhibiting the paintings, sculpture and glass art and wind sculptures. Long term lease, low rent in place. Most desired and lively location near the prime tourist area and major hotels and convention center.

Growth & expansion opportunities:

Established, profitable, world class destination area, a new owner can increase the Gallery's presence on Facebook and Twitter and better utilize social media and roll-out an e-commerce site. It is an excellent time to purchase this turn-key operation and begin your legacy.

Competition:

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.

Reason for selling:

Retirement.

Support & Training:

Will train for 4 weeks @ no cost. Gallery is profitable and easy to run. Rewards await a buyer who applies their savvy skills to showcase this beautiful space. Whether you are a business minded individual, dealer or art enthusiast, you will be proud to own this Gallery and continue on this legacy in art. The retiring owner will provide a smooth transition. Training and support will be provided during the transition phase and ongoing support can be explored.

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Business Listed By:

Judy Elrod

Murphy Business Brokers