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art gallery For Sale

193
North Carolina, United States
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Asking Price$129,500
Revenue$371,000 Established2002
Cash Flow$104,000 Employees1 full, 3 part
FF&E$33,418* FranchiseNo
Inventory$8,200* RelocatableYes
Real Estate$623,750 Home-basedNo
* Included in Asking Price
Established over 16 years ago, this vibrant and profitable art gallery is located in an historic southeastern coastal community of North Carolina. The open, creative space invites artists and collectors to explore the displays that make up the 10,000 sq feet of warm and friendly ambiance with onsite parking available. Many well known artists from both of the Carolinas show an array of clay art and pottery, oil paintings, pastels and acrylics plus award winning fiber art, astian made jewelry, blown glass, turned wood and much more. Due to its location in this very popular tourist town, this art gallery enjoys the repeat business of the locals and also the loyal visitors who vacation there every year. Located on site is a pottery studio with instruction and kilns, a custom framing department and art classrooms for workshops and on going instruction. Local professionals teach a variety of art classes that are open to the public as well as programs for children. All customers are welcomed with a friendly invite to view the exhibits and enjoy a complimentary gourmet coffee, tea and in the late afternoon wine is available also. The building must be purchased with the art gallery (priced separately) with a separate real estate agreement.
Competition:There is not another art gallery of this kind for at least a 100 mile radius.
Growth Potential:The existing use as an upscale art gallery has the potential, due to the size of the building, to be multi-functional business.
Training/Support:Owners will assist buyer in transition
Seller Financing:Financing is negotiable for a qualified buyer
Sale Reason:Owners would like to retire
Ad #100132
Seller Reference #FAYETNC001-N117
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Ernie Grooms
(910) 483-4949
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