Art Gallery
Location:
United States
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Utah
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Park City
Industry: Entertainment and Leisure > Art Galleries and Museums
Business Summary
This well-known upscale art gallery has an excellent Park City, Utah location, affording it excellent exposure and visibility to vehicle and foot traffic. In addition to serving local residents, they also cater to a national clientele due to their outstanding reputation for quality artwork and very knowledgeable staff. This gallery shows very well and has a comfortable relaxed atmosphere.
The gallery has a mixture of consigned artwork as well as inventory owned by the seller and has exclusive distribution agreements with well-known artists. It is anticipated this exclusive relationship would continue with the new owner. Currently they are featuring works by one of the top ten ''up and coming'' international artists. The purchase price is negotiable depending on how much of the artwork owned by the seller the buyer chooses to purchase and include in the transaction. Most of the inventory is less that three years old and considered very salable. All values will reflect the seller's cost and not the retail price. This is a great business that has experienced excellent year to year growth and will continue that trend in the future. Asking price is $479,000 and seller financing is negotiable for a qualified buyer. Contact for more information on this Art Gallery for sale.
Financials
Asking Price Range: $250K - $500K
Gross Revenues:
$615,573
Cash Flow:
$97,070
Cash Flow Type: EBITDA
Inventory: $322,957
Seller Financing: Yes
About The Business
Year Established: 2005
Number of Employees: 1 - 3
Relocatable: No
Franchise: No
Current Real Estate: Leased
Property: Property For Lease
About The Sale
Management Training and Support: Negotiable.
Reason For Selling: Retirement.
Click on the "I'm Interested" button above for more information on this Entertainment and Leisure > Art Galleries and Museums business for sale.
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Print Listing Id: 70089812
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