Asking Price: $295,000 Gross Revenue: $535,192Cash Flow: $117,330 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $33,325 included in asking priceFF&E: $26,750 included in asking priceReal Estate: Not Disclosed Share this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
This nationally recognized gallery will give new owners a distinct edge and an established position to thrive in North America’s second largest art market. Recently named by Santa Feans as one of the city’s best art galleries, the venue has been successfully connecting art collectors and artists since 2007. Approximately 80% of sales are conducted over the phone. New owners will take over a portfolio of over 30 established artists, a client database numbering over 5,000 names, a favorable lease, and a lively location near museums, restaurants, retail and major hotels.
About the Business
Number of Employees:
Attractive, stylish 2,700-plus square foot venue with a great street presence in this arts and cultural hub.
Improvement and expansion opportunities can be explored with the current owners after execution of a non-disclosure agreement. This gallery occupies a distinct and popular niche in the Santa Fe art scene. Competition is minimal.
Award-Winning Gallery - Prime Location, Profitable Niche, Top Artists
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or stake in the sale of this business and has not verified any of the information
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