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Art Gallery For Sale In Downtown Savannah, Ga!

Savannah, GA (Chatham County)

Art Gallery For Sale In Downtown Savannah, Ga!
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Asking Price: $165,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: $500

Inventory: $150,000*

Real Estate: N/A

Established: 2004

*not included in asking price.

Art Gallery For Sale In Downtown Savannah, Ga!

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Business Description

Have you ever dreamed of owning your own art gallery? What about in the heart of Historic Savannah, GA? This prestigious are gallery has it all:
• A reliable customer base,
• Excellent reviews online with an equally impressive reputation to match,
• A turn-key prime location,
• Low work hours in a stress-free environment, and
• Limitless potential & customization.

Seller is willing to continue producing art work; is willing to sign a non-compete agreement; and will provide the new owner with 1 week of training at no additional cost. All offers will be presented.

Business Details
• Price: $250,000
• Gross Revenue: $130,000
• Sellers Discretionary Earnings: $70,000
• Inventory: $300,000
• FF&E: $500
• Category: Art Gallery
• Locations: Savannah
• Employees: 2 part-time
• Years Owned: 13
• Reason for Selling: Relocation

If interested connect with Jacob Jones at 912-721-8808 or jjones@tworld.com for further details.

Detailed Information

Location:
Savannah, GA
Inventory:
Not included in asking price
Real Estate:
Owned
Building SF:
N/A
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Competition:
This art gallery's primary competition would be the approximately 20 minutes walking distance making them not a direct competitor with. They are the only art gallery in its area which is located near many hotels, restaurants and historic landmarks. What separates them from its competition is its developed reputation of earned word of mouth referrals from the locals along with their online ordering and delivery services.
Growth & Expansion:
Savannah’s regional economy – which includes Chatham, Bryan, and Effingham counties – has been expanding above the national average for nearly seven years, creating 30,000 new jobs along the way, nearly all of them in the private sector. Since mid-2013, the growth has been substantial with growth projected for 2017 and beyond. The Savannah area will also benefit from the growth of the state of Georgia as a whole which is expected to grow above the national average in 2017 and beyond. Source: http://savannahnow.com/news/2017-01-18/savannah-economy-growing-healthy-pace
Support & Training:
1 week
Reason for Selling:
relocation
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Jacob Jones

Business Listed By:
Jacob Jones

Transworld Business Advisors of Savannah

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