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Established Art Gallery & Frame Shop

IA (Relocatable)

Art Gallery & Custom Frame Shop for sale
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Asking Price: $160,000

Cash Flow: $70,438

Gross Revenue: $429,898

EBITDA: $70,438

FF&E: $20,670

Inventory: $172,125

Rent: $2,255 /Month

Established: 1979

Established Art Gallery & Frame Shop

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Business Description

Offers custom framing and full-service support for contemporary art.

This established art gallery and frame shop for sale is located in a well-known shopping area in Iowa. For nearly four decades it has featured the works of award-winning artists both at its retail location as well as during its popular seasonal exhibitions. The gallery represents over 60 professional Midwest artists with paintings, sculpture, photography, and mixed media. The gallery also offers custom framing and full-service support for the delivery and installation of vintage and contemporary art for both private and business clients.

Attached Documents


Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
5,300
Lease Expiration:
N/A
Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The business operates out of facilities with multiple store front visibility offering the opportunity to showcase three independent exhibits simultaneously on more than 3,000 sq. ft. of gallery showroom area. Additionally, there is a 1,250 sq. ft. workshop area for framing and ample storage for finished works and framing stock.
Competition:
Beyond the retail gallery and frame shop, the business has established itself as a valuable resource to the local art community with its knowledgeable and helpful staff who deliver the highest level of service to all customers.
Growth & Expansion:
Iowa is becoming well known for its art scene and while this gallery has established a strong retail presence, the opportunity exists to expand by adding more corporate clients and by building strategic alliances with third party consultants such as interior designers. Additional revenue could also be found through working with the artists to offer reproductions of their work to be sold in-store and online.
Support & Training:
As required.
Reason for Selling:
Owner wants to increase focus on family responsibilities.
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Contact the Seller

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Brad Dostal

Business Listed By:
Brad Dostal

Benchmark Business Group

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Sponsoring Broker:
Dennis Henderson

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