Reduced Price-Specialty Art Gallery and Framing Shop

  • Listing# : 13167
  • Listed Price : $75,000
  • Total Sales : $199,348
  • SIC : 59320201
  • Down Payment : $75,000
  • Status : Active
  • Discretionary Earnings : $23,832

Business Type :

Retail Miscellaneous / Retail Specialties

Business Description :

Whether you are looking for a specialty gift, need custom framing for your portrait, or just want to browse for a new art piece for your home, you have come to the right place. Successfully operating 36 years in one of the most desirable areas of Hampton Roads, which features a broad customer base, including students, tourists, military and long-term residents. This comfortable, inviting and pleasing environment feels more like an art gallery than your typical gift and framing shop. On many occasions, there is a highlighted new artist section, featuring many of the emerging talents of the local artists around the area. Due to the long running nature of the business, the store has a loyal client base, many of whom attend private art showings in the store and their sponsored outside community art events. The business has also developed several corporate clients and supplied art and frames for their public gathering areas and hallways. The dedicated staff is small in number, professional, and very customer-driven which has enabled the business to develop personal relationships with its customer base. Newsletters are sent to the customers to keep them aware of upcoming events, new artists work and special offers.   

Don’t miss this opportunity to become the owner of an established, profitable and successful specialty art gallery and framing business.          

 

Assets/Liabilities:

    • Accounts Receivable $1,344
    • Incl : No
    • Real Estate $0
    • Incl :
    • Inventory $6,544
    • Incl : Yes
    • Liabilities $14,513
    • Incl : No
    • FF&E $11,936
    • Incl : Yes
    • Other: $0
    • Incl :
    • Leasehold $12,646
    • Incl : Yes
    • Total Assets $31,126
    • Incl : Yes

Lender Prequalified: No

Similar Listing :

Retail Miscellaneous