Distress Sale: Art Gallery in Historic Downtown Charleston

Asking Price$250,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$880,000

InventoryNot Disclosed

FF&ENot Disclosed

Distressed SaleSave

Distress Sale: Art Gallery in Historic Downtown Charleston


Asking Price$250,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$880,000

InventoryNot Disclosed

FF&ENot Disclosed

Business Description
Distressed Sale: This well-established 21-year-old art gallery, now offered as an estate sale following the passing of its founder, presents a unique opportunity for a passionate buyer to revitalize a beloved fixture in the local art community. With a stellar reputation for curating a master gallery experience in fine art, gifts, and specialty items, the business operates from two prime leased locations in historic downtown Charleston, SC. It specializes in showcasing innovative works from painters and sculptors on a consignment basis, building strong relationships with artists and collectors. While currently in a distressed state, its diverse offerings and loyal customer base offer strong potential for growth and turnaround under new ownership.
About the Business
Years in Operation
21
Facilities & Assets
Two leased spaces in a high-traffic historic district, totaling ~5,643 sq. ft. (one ~2,500 sq. ft., one ~3,143 sq. ft. with mezzanine). Assumable leases with landlord consent.
Market Outlook / Competition
Dynamic local art scene with opportunities for standout curation of unique artists.
Opportunities for Growth
Prospects in online sales, event programming, and tourism partnerships to elevate revenue.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
5,643
Rent
$20,433.00 per month
Lease Expiration
3/31/2027
About the Sale
Seller Motivation
Estate sale following the passing of the original owner.
Transition Support
Negotiable to ensure seamless transition, covering artist networks and daily operations.
Financing Options
Creative offers welcome.
Listing Info
ID
2432557
Listing Views
15

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Business Listed by: Chris Perez Sunbelt Business Brokers of Charleston

Listing ID: 2432557 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.