Leading New York City Art Gallery & Frame Shop

New York, NY (New York County)

Seller Financing Available
Leading New York City Art Gallery & Frame Shop
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Asking Price: $225,000

Cash Flow: $100,000

Gross Revenue: $360,000

EBITDA: N/A

FF&E: N/A

Inventory: $35,000

Rent: $0.00

Established: 1985

Leading New York City Art Gallery & Frame Shop

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Business Description

Leading New York City Art Gallery & Frame Shop

2 unique spaces include a gallery and custom frame shop. Great locations, competitively priced with excellent terms and coveted below market rents.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,000
Lease Expiration:
N/A
Employees:
3
Facilities:
New Lower Price! Artists don't retire but the framer wants to ease up.The gallery has continuously opened it's doors to launch contemporary artists from China, Germany, France, Italy, Japan, South America and from all over the United States since 1985. During the same time the associated frame shop has thrived serving the community with quality custom workmanship.
Competition:
For nearly 3 decades the galleries and frame shop have been active with local, national and international artists - and arts organizations- while professionally framing and exhibiting works for home, office or in its 2 galleries.
Growth & Expansion:
The retiring owner says rewards await a buyer who applies savvy skills of trans-media exhibitions powered by social and SEO marketing. A midtown gallery and frame shop with below market rent allow plenty of growth of emerging contemporary artists from around the US and the world. The owner would provide a smooth transition and would love to stay on part-time.
Financing:
112500.00
Support & Training:
3 weeks
Reason for Selling:
retiring
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Contact the Seller

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Carey Davis

Business Listed By:
Carey Davis

Transworld Business Advisors of NY

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Sponsoring Broker:
Transworld Business Advisors

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