$ Coastal Oregon Art Gallery $

Listing ID 56963 | Retail Businesses


Asking Price
$410,000

Map
Video
 
 

Get More Information

Seller's Name: Mark Krowiak
Phone Number: Phone Number Private

Your Name

Your Email Address

Questions

Financials


Cash Flow
$183,226
Revenue
$1,056,843
Employees
1
Fixed Asset Value
$37,606 *
Real Estate Value
$0
Inventory Value
$5,778 *

* included in asking price

Investment Desired
No
Loan Desired
No
Home Based
No
Re-locatable
No
Startup Business
No
Year Established
1993

Business Details


Here is a exceptional opportunity to turn your passion for art into a lifestyle, and own an established successful business venture – all while being located in one of the most scenic parts of the country. This very profitable high end art gallery is located in a very desirable location on the picturesque northern Oregon Coast. The 2450 sq. ft. space is in a terrific location on a main thoroughfare a block from the beach. This business has been under the same ownership since inception, founded by the current owner in 1993 in this charming bustling beach community. The gallery is well established in the community and has maintained a consistent positive cash flow. The business has had year-over-year revenue growth over the last three years, with sales in excess of one million dollars. The business has a large returning clientele, and has grown a customer list of over 9500. Now in its 23rd year, the gallery has become one of the premier galleries in the Northwest, and has received national recognitions, including the #1 gallery in Oregon and one of the top 25 galleries in the nation in 2014 and 2015. Representing over 40 award winning northwest, national and international artists; the styles vary from realism to abstraction. The gallery carries a wide variety of traditional to contemporary art, including original oil, acrylic and watercolor paintings, hand-crafted jewelry, and limited edition sculptures. This is a turnkey business opportunity with a trained staff that has over 45 combined years in the business, including possible gallery manager/business manager if needed by the new owner. Training is offered by the current owner to ensure a smooth transition.

Business Competition

Although this business resides in an art community with other galleries, the gallery specializes in a type of art that is a unique niche.

Financing

Possible seller financing negotiable.

Support and Training

Seller offers 4 weeks training for a smooth transition to new ownership.

Reason for Selling

Retirement