Bergen Gallery and Framing
Location: New Jersey > Bergen County
Industry: Retail Stores > Other Retail Stores
Financials
Asking Price: $110,000
Cash Flow: $51,070
Inventory: $65,000 (Not Included in Asking Price)
FF&E: $12,000 (Included in Asking Price)
Business Summary
Located on main street of highly affluent town in Bergen County. This gallery concentrates it’s sales on hand crafted jewelry 33%, paintings 33% and frames 33%. This prestigious business has loyal affluent clientele. At present there is no advertising or marketing programs in place. Mark-ups on items handled are extremely high. 250% for paintings, 300% for frames. There are two other galleries in town. This spot entices more well to do customers. Municipal and metered parking available throughout area.
About the Business
Year Established: 2002
Employees: 1 full time -
Facilities: 900 sq. ft. gallery, does picture framing and seller frames, paintings and hand crafted jewelry.
Market Outlook and Competition: Two other competing stores in area this gallery drills in the more affluent clientele.
About the Sale
Management Training and Support: 2 weeks
Reason For Selling: Retiring from retail
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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