45+ Years Established Art Gallery and Framing Shop

Asking Price$300,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$323,800

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

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45+ Years Established Art Gallery and Framing Shop


Asking Price$300,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$323,800

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
Bluegrass Business Advisors presents a long-standing Art Gallery and Frame Shop located in Central Kentucky. This business has been creating, framing, and displaying art work of many kinds for several decades. The current owner has created a long standing reputation of trust and credibility in the industry. The gallery exhibits the talent of several local artists and maintains a steady exhibition schedule. The income streams come in several forms with a few examples being: custom framing, photo restoration, and publishing. This gallery is positioned proudly in a main street corridor with high pedestrian and vehicle visibility. The clientele is widespread, but includes many high end customers with a deep appreciation for art and expression rooted in horse country.
After over four decades in the business, the owner is seeking retirement and is looking for an excited buyer to step into his shoes. In order to provide a smooth transition for a new owner, the seller is willing and excited to stay on to train and mentor his successor. This presents a unique opportunity for a buyer looking to position themselves in a turnkey and established gallery and framing operation, while absorbing mentorship from one of the best people in the business. The asking price includes all FF&E and inventory.
About the Business
Years in Operation
48
Employees
2 Full-time
Facilities & Assets
The sale includes a lease option for the current gallery storefront as well as all inventory and equipment necessary to continue framing and gallery operations. This allows a new owner to hit the ground running with operations from day one.
Market Outlook / Competition
Art galleries are difficult businesses to compare, defined by the art they carry and the relationships they foster. Given the long-standing history of this business, they have a strong reputation in the industry and have built tested relationships with the customers they serve.
Opportunities for Growth
Through investing in social media and leveraging the gallery's legacy, a new owner could improve the business's visibility and increase community relationships.
About the Sale
Seller Motivation
Retirement
Transition Support
The current owner, who has built and maintained the gallery for almost half a century, is willing and excited to stay on to mentor his successor. Not only does this give a new buyer the opportunity to learn the daily operations of the business, but gives them the opportunity to learn from someone with a long-standing history in the industry.
Listing Info
ID
2507460
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Business Listed by: Harrison Lane Bluegrass Business Advisors

Listing ID: 2507460 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. See our full Terms of Use. Learn how to avoid scams.


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