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Award-Winning Gallery - Prime Location, Profitable Niche, Top Artists

Santa Fe, NM (Santa Fe County)

Award-Winning Gallery - Prime Location, Profitable Niche, Top Artists
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Asking Price: $295,000

Cash Flow: $117,330

Gross Revenue: $535,192


FF&E: $26,750

Inventory: $33,325

Established: 2007

Award-Winning Gallery - Prime Location, Profitable Niche, Top Artists

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Business Description

Award-Winning Gallery - Prime Location, Profitable Niche, Top Artists

This nationally recognized gallery will give new owners a distinct edge and an established position to thrive in North America’s second largest art market. Recently named by Santa Feans as one of the city’s best art galleries, the venue has been successfully connecting art collectors and artists since 2007. Approximately 80% of sales are conducted over the phone. New owners will take over a portfolio of over 30 established artists, a client database numbering over 5,000 names, a favorable lease, and a lively location near museums, restaurants, retail and major hotels.

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Detailed Information

Santa Fe, NM
Included in asking price
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Attractive, stylish 2,700-plus square foot venue with a great street presence in this arts and cultural hub.
Improvement and expansion opportunities can be explored with the current owners after execution of a non-disclosure agreement. This gallery occupies a distinct and popular niche in the Santa Fe art scene. Competition is minimal.
Support & Training:
Training and support will be provided during the transition phase. Ongoing support can be explored during the negotiation of the purchase agreement.
Reason for Selling:
Seller is moving out of state.
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Michael Greene

Business Listed By:
Michael Greene

Sam Goldenberg & Associates

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