Art Gallery w/ Guaranteed Positive Cash Flow, Semi-Absentee Ownership

, California 8 views 0 favorites

Financial Highlights
Asking Price
$399,000
Revenue
$680,000
Business Description

This business is a new-concept art gallery designed give artists the opportunity to exhibit their work in a professional setting, and those that appreciate art the ability to purchase and collect great art in the process. It is located in a highly sought after and historic location that draws highly affluent clientele as well as celebrity foot traffic. This new-concept gallery offers collectors the opportunity to discover new artists that would not otherwise be represented in regular commercial galleries. Other art galleries have such high overhead that they simply cannot afford to take an unproven artist on – leaving a huge market of excellent yet unrepresented artists hungry for sales and exposure! This is the market that this gallery serves. Each artist pays monthly, agreeing to at least a minimum 3-month term, creating enough income to cover all expenses and put money into the pockets of the Owner – before selling a single work of art. In exchange for the monthly stipend, this gallery supplies the artists with a prestigious venue to show their work, exposure on their websites and social media as well as represent them to designers and decorators. And there is tremendous potential for growth, both with finding artists (the business currently has 10 artists on their waiting list), as well as in the potential for sales to their affluent clientele. So, if you are passionate about the arts, excited about the opportunity to support local artists, comfortable dealing with high-net-worth clients, and don’t mind making money – this is an opportunity of a lifetime! It also includes $100,000 in inventory in the sale price. Location: Agoura Hills, California Year Established: 2019 Number of Employees: 1FT, 1PT, 1IC Facilities: This business has a leased location of 2,500 square feet with a total monthly rent of $4,500. The business is with 1 Full-time employee, 1 Part-time employee and 1 Independent contractor. Hours of operation 12:00pm-5:00pm (7:00pm), Wednesdays-Sundays. Included in asking price are $100,000 Inventory and $16,500 Equipment and Fixtures.

Business Details
Industry:
Entertainment & Recreation
Real Estate Included:
No
About the Seller
AU
Admin User
6498
Active Listings
New
Member Since

Listed: Apr 22, 2022

Updated: 8 hours ago

Views: 8

Favorites: 0