MergerPlace

Profitable Gallery

Washington (King)


  • Asking Price: $250,000
  • Gross Income: $515,543
  • Cash Flow: $97,682
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $10,000
  • Listing ID: #209662
  • Established: 1977
  • Employees: 1 FT / 1 PT

Business Description

A truly special Gallery! Profitable. Best location with favorable long-term lease. This beautiful 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, furniture and ceramics. Excellent website results in strong online sales.


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: $515,543
Cash Flow: $97,682
FF&E: $10,000
Seller Financing Available: No

Property Information

Facilities:

Impressive showroom is a stunning showcase allowing creativity in exhibiting the paintings, sculpture and glass art, furniture and ceramics. 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:

Owner has recently rolled out a successful social media presence and e-commerce site that has already resulted in additional sales. 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.

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 follow-up their visits with online purchases.

Reason for selling:

Career Change.

Support & Training:

Will train for 4 weeks @ $0 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 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