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Asking Price$2,850,000
Revenue$1,600,000 EstablishedUndisclosed
Cash Flow$450,000 Employees1 full-time
FF&E$41,500* FranchiseNo
InventoryUndisclosed* RelocatableNo
Real Estate$2,300,000* Home-basedNo
* Included in Asking Price
Founded 20 years ago, this venerable art gallery offers a welcoming and expansive space that features the work of over 30 acclaimed artists working in the mediums of oils, watercolors, and bronze. The gallery is a known destination that celebrates New Mexico's rich visual inheritance and shares the magic, vision, and endless possibilities of artistic expression. Offering one of Santa Fe's best addresses for art, the real property is in pristine condition
Competition:Well-known gallery with strong portfolio of artists and large database of collectors.
Growth Potential:2021 sales are up 57% over 2019 and more than double 2020 YTD. Over 4000 names have been added to the email list in the past three years. The professionally designed, rebranded, and maintained website traffic was up 22% last year and continues to be up a further 10% this year. Sales via the emails and website have been substantial and continue to grow to augment walk in traffic.
Training/Support:Training and transition to be negotiated.
Sale Reason:Retirement.
Ad #133981
Seller Reference #SANTAFE001-N222
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Michael Greene
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