Retail - Miscellaneous Retail | Services - Museums, Art Galleries, Zoos

Asking Price	$399,000	Inventory	$175,000**
Gross Income	Not Disclosed	Real Estate
Cash Flow	$152,000	Year Established	1996
FF&E	$62,000*	Employees	2- ft - 1 pt

* included in the asking price

** not included in the asking price

This art gallery opened by current owners in 1996. They saw the need to expand and moved their location in 2000. With the expansion came an addition of other creative venues to compliment their mission to making fine art accessible to not only established collectors but other individuals who would not normally realize they too can collect. They now showcase a broader variety of ceramics, glass, paintings and jewelry and constantly add new works and artists to display including several international ceramic artists. Their market includes Wrightsville Beach to Myrtle Beach, Greensboro, Charlotte and beyond. The tourist trade brings frequent out of town sales. Participation in shows in NY and Atlanta and the website help promote sales outside of this area.

Facilities: Current owners own the real estate at this location. Lease through August 2010 is $3350 per month which includes utilities and security for 2570 sq ft with its own bathroom facilities.

Competition: They are one of only 99 galleries world wide that carry a particular book illustrations, art and sculptures.

Financing: owner financing for a qualified buyer

Support/Training: Owner will assist buyer in transition

Reason Selling: Health reasons