Asking Price:

$425,000

Gross Income:

$423,000

Cash Flow:

$148,000

EBITDA:

N/A

FF&E:

$40,000.00 *

Inventory:

$50,000.00 **

Real Estate:

$0.00 **

Year Established:

1992

Employees:

2

Business Type:

Museums, Art Galleries, Zoos

** not included in the asking price

* included in the asking price

Business Description

This well established (1992) business is located on a major street with very heavy foot traffic three blocks from the White House. It has an excellent customer base of over 3000+ which included, high net worth individuals, corporations and both local and federal government agencies.

Detailed Information

Facilities:

Located in 1900+ square feet of prime downtown retail space located on a busy throughfare with heavy foot traffic. Lease expires in 2011.

Competition:

Located within three block of the White House.

Growth/Expansion:

Could expand gallery offerings.

Financing:

Art Dealer and Custom Framing business

Support/Training:

Seller will provide two weeks on site and two weeks on call.

Reason Selling:

Relocating out of the area