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Art Gallery
Location: United States -> Illinois -> Chicago
Industry: Entertainment and Leisure > Art Galleries and Museums




Business Summary

Prestigious Michigan Avenue Art Gallery for sale. This gallery represents an internationally famous artist, whose works supply the vast bulk of the business's sales.

A glittering location combined with the panache of the art world create a steady stream of sales of artwork from the gallery's inventory.

Included in the sales price will a generous number of original paintings and various rights enjoyed by the gallery with respect to the artists it represents. Significant opportunity for expansion into other areas is present.

This is unique opportunity for a buyer to enter into the top echelon of the international art world by purchasing a turnkey operation.


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $150,000
Cash Flow:   $126,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $505,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  2000
Number of Employees:  1 - 3
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Seller will train.
Reason For Selling:  Other ventures.




Print Listing Id: 70056588
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Related Searches: Amusement Parks  >  Art Galleries and Museums  >  Billiards and Bowling  >  Casinos  >  Movie Theaters  >  Other Entertainment and Leisure  > 

Also See: Franchise Opportunities > Franchise Resales > Illinois Businesses For Sale > Illinois Franchises For Sale > Illinois Business Brokers



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