Art & Framing Gallery

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Asking Price:
$175,000

Gross Revenue:
$400,000
Cash Flow:
$80,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$22,000
included in asking price

FF&E:
$25,000
included in asking price

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Business Description

PURCHASE THIS PROFITABLE ART GALLERY WITH OVER THREE DECADES OF HISTORY

$400K in Gross Sales
Over 3 Decades of Service and Local History
Net Profit of $80K

Established in the Late 70's, this art gallery is a hub for good times, great memories, and excellent art! Open to the public year round, they offer wonderfully unique items for a personal collection or acts as a place for local and national artists to be seen. Inside, Patrons and visitors find a wide selection of fine works by national and local artists from original works, to lithographs, to fine art prints. They also offer their patrons a personalized experience for all of their framing and fine art needs.

For more information please contact Fouad Mohit:
Cell: 757.237.2301
fouad@sunbeltnetwork.com

About the Business

Year Established:
1979
Number of Employees:
1pt; 2ft
Real Estate:
Leased
Building Sq. Ft.:
3,000
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About the Sale

Reason For Selling:
Retirement
Seller Financing:
Negotiable.

Listing Info

ID:
1321241
Ad Detail Views:
669

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Business Listed by

Fouad Mohit

Sunbelt Business Brokers of Hampton Road

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Sponsoring Broker:

SUNBELT HRVA
Sunbelt Business Brokers of Hampton Road

U.S. Census Data for Virginia
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Source: Decennial Census (2010), United States Census Bureau.

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Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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