* Included in Asking Price
Established Art Gallery, Picture Framing, Painting & Frame Restoration, Artist Materials
Location N. Ireland
Asking Price: £59,950 + gallery stock and machinery
Asking price includes:
Turnover circa £51,000 per annum with gross profit of circa £31,000
Well established and respected Art Gallery in sought after location
Framing Materials & Artist Stock
Well designed attractive website
Excellent opportunities for future growth
Computerised pricing programme with customer history
This well repected art gallery is one of the best in Northern Ireland and has gained a good reputation. Established in 1992 as a picture framing company the business moved to different premises and became an art gallery in 2000. A one stop shop it offers a selection of services and products, including bespoke picture framing, frame and picture restoration plus artist materials attracting customers from far a-field. The variety of products and services provide a diverse income stream for the business and offer the chance to develop further within the separate areas.
The exceptional selection on display is both modern and traditional, representing a collection of both Irish and English artists that are attractively displayed across the separate gallery rooms. The work includes pictures in oils and watercolours, plus prints, engravings and bronze.
The business has its own company website which brings in plenty of interest.
|Facilities:||Centrally located, this earlier private residence is now described as a ‘secondary’ retail premises.
The extensive gallery space is spread throughout five rooms and contains a fine collection of English and Irish artists in oils and water colours in limited and open edition prints and a selection of picture engravings are also on display.
The building has an alarm system in place and comprises of a ground floor entrance hall, a gallery room, staff kitchen, office and workshop for framing. The first floor offers a landing 3 gallery rooms and a bathroom. Easy car parking is available in nearby car parks and on the street next to the shop.
A lease can be arranged for the purchaser at £120.00 per week with rent reviews by negotiation.
The freehold could be purchased for between £70-75,000 in addition to the asking price.|
|Competition:||The business has an attractively designed and easy to navigate web-site to maximise awareness. By far the most effective form of marketing for the business however is the strong word of mouth recommendations and referrals it receives from very satisfied customers, testimony to the high level of regard the gallery has and its excellent reputation for good quality art products and services.|
|Training/Support:||Support and training will be provided for a period of time to be negotiated at the time of sale.|
|Sale Reason:||The owner has now reached retirement age.|
Seller Reference #AH138
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