Stock Photo - Not Representative of the Actual Gallery
Asking Price: $825,000 Gross Revenue: $1,206,116Cash Flow: $322,311 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: Not Disclosed 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 Santa Fe art gallery has established a reputation for offering quality fine art. The carefully curated collection includes regionally and nationally acclaimed artists. It works with discriminating and affluent art collectors from around the country. The gallery has grown its sales each year since it opened in 2006.
New owners will inherit the accounts receivables as of the time of the sale. Currently this figure exceeds $139,000 in income to the gallery. Also available are the casting rights for one of the premier names working in the field today with the estimated potential of $3.3 million-plus in net income.
About the Business
Number of Employees:
Well-appointed space located in an area of strong tourist traffic.
This gallery’s emphasis on quality fine art has secured it a strong base of affluent collectors.
Growth & Expansion:
New owners will take over a business with a consistent track record of growth, optimized marketing channels, and regionally and nationally acclaimed artists.
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 & Conditions.