Art Gallery & Gift Shop in Historic Building with 5 Rental Suites

Asking Price$729,000

Cash Flow
Not Disclosed

EBITDA

Gross Revenue$120,000

Inventory$50,000
Included in asking price
FF&E$50,000
Included in asking price
Real Estate$500,000
Included in asking price
Destination Area Map
Gallery
Executive Suite
208 Jasper Street
Gallery
Gift Shop
Destination Area Map
Gallery
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Art Gallery & Gift Shop in Historic Building with 5 Rental Suites


Asking Price$729,000

Cash Flow
Not Disclosed

EBITDA

Gross Revenue$120,000

Inventory$50,000
Included in asking price
FF&E$50,000
Included in asking price
Real Estate$500,000
Included in asking price
Business Description
The Broken Spoke Fine Art Gallery presents a unique tri-revenue opportunity in Maple Creek's Historic District, combining an established art gallery and gift shop with five rental suites in an upgraded and well maintained 1915 heritage building.

BUSINESS OVERVIEW
Operating successfully since 2014, this turnkey operation features a seasonal art gallery showcasing select established artists and unique gift items on the main commercial level, while five fully renovated residential suites on the second floor generate consistent rental income. The property benefits from dual commercial/residential zoning and spans 12,000 square feet across three levels.

REVENUE STREAMS
- Annual Revenue: $120,000
- Cash Flow: $40,000
- Gallery & Gift Shop: Seasonal retail serving locals and tourists
- Rental Suites: Currently long-term tenants with potential for higher-yield short-term rentals
- Premium amenities include private courtyard with multi-level decks, BBQ area, pagoda, hot tub, and garden with pond

LOCATION ADVANTAGES
Strategically positioned on the main street of Maple Creek's downtown Heritage District, the business capitalizes on proximity to Cypress Hills Provincial Park's 325,000+ annual visitors. The area has transformed under the Main Street Program with extensive building renovations and coordinated destination marketing, creating an active tourism shopping district.

PROPERTY FEATURES
- Historic 1915 building with modern upgrades including PEX plumbing and LED lighting throughout
- Well-maintained building systems and mechanics
- 4,000 square feet per level (basement, main floor, second level)
- All suites currently rented with strong demand due to limited quality rental inventory in the market

GROWTH POTENTIAL
Multiple expansion opportunities exist including extending seasonal operations, developing partnerships, adding retail product lines, and converting to short-term vacation rentals for higher revenue generation. The established customer base and proven operational systems provide a solid foundation for growth.

INCLUDED ASSETS
- Real estate valued at $500,000
- FF&E worth $50,000+
- Inventory valued at $50,000+
- All building maintenance equipment
- Comprehensive training and transition support

This rare opportunity offers an established business with proven profitability, multiple revenue streams, and significant expansion potential in one of Saskatchewan's premier tourist destinations. Owner retiring after successful operation. For more details and pictures of this unique opportunity please visit website below.
About the Business
Years in Operation
12
Employees
Owner Operator (wife & husband)
Currently Home Based
Yes
Facilities & Assets
Built 1915

Building Sq. Ft. Basement 4,000
Main Floor 4,000
2nd level suites 4,000

Many upgrades & maintained, (list available)

PEX and LED throughout

Turnkey sale includes all equipment & inventory for building maintenance
Website
https://brokenspokeartgallery.com
Market Outlook / Competition
Maple Creek's historic downtown has evolved into a popular destination for visitors from across the region, attracting travelers, outdoor enthusiasts, day-trippers, and the more than 325,000 annual visitors to Cypress Hills Interprovincial Park. Continued investment in the downtown core, community revitalization, festivals, and tourism marketing have created a vibrant shopping and cultural experience that benefits local businesses. In addition, a strong demand for quality rental housing and a limited supply of available accommodations have contributed to the success of Broken Spoke's suites, providing a stable income.
Opportunities for Growth
Expansion opportunities include extending seasonal operations, partnerships and adding new retail lines of business. The business is well positioned for further strategic development. Local tourism industry is well supported by the town and province. The business is part of a destination marketing group for Southwest Saskatchewan "Cypress Hills Grasslands Destination Group"
Real Estate
Owned or Leased
Owned
Included in asking price
Building Sq. Ft.
12,000
About the Sale
Seller Motivation
Retirement
Transition Support
Training period available. Building maintenance is quite simple and all business contacts will be shared and introduced.
Listing Info
ID
2530999
Listing Views
Business Location

Listing ID: 2530999 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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