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Long Standing and Profitable Art Gallery For Sale for sale in Indian River County, FL

Indian River County, Florida (FL)

Asking Price: Gross: Cash Flow:
$ 850,000 $ 1,012,055 $ 294,387

Furniture and Fixtures Value:
$ 27,000 (included in the asking price)

Inventory Value:
(not included in the asking price)

Real Estate:
(not included in the asking price)

Business Summary:
A rare opportunity to acquire a highly regarded contemporary art gallery with over two decades of consistent revenue and a loyal clientele in one of Florida's most affluent coastal communities. The Gallery carries the consigned work of approximately 40 accomplished artists and has cultivated a loyal and active collector base built over decades—many of whom are repeat clients -- and seasonal residents. The Gallery has had very stable earnings, averaging nearly $1MM over the last 10 years. Take advantage of this opportunity to acquire a thriving gallery with a proven track record of success and a unique position within the area's cultural landscape. Please refer to listing number 2301908343, business broker Matt Nicoletti 860-882-7228 when inquiring about this listing.

 

   
Year Business was Established: 2002
   
Number of Employees: 2PT  
   
Facilities / Terms of Lease: Business Location: Leased Type of Location: Retail Monthly Rent: $11,000 Square Units: 2,300 sq ft Lease Expiration Date: May 1, 2027 Terms Options: 1-year option remaining  
   
Owner willing to train: Weeks Training: 2 Cost: $0  
   
Reason for selling: Retirement  
   
Seller Reference Number: 2301908343
BusinessMart.com Listing Number: 321708
 

 

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For more info contact:

Andrew R. Cagnetta Jr.

Transworld Business Brokers of Central Florida
407-226-7171

CONTACT SELLER

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