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Profitable Art Gallery for sale

Overview

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Ad number:#493465321
Contact:Jeff Manera
City:St. Lucie, FL
Zip:34957
Price:$113,500

Description

Asking Price:$113,500
Owner's Cash Flow:$63,500
Gross Revenue:$210,000
Furniture, Fixtures, Equipment :$13,900
Average Inventory: $26,000 (included in sale)
Established:1976

Owner loves the business but wants to retire. 

Business Description

PRICE REDUCED. RECORD 2018 EARNINGS.  PRICED UNDER 2 X OWNER EARNINGS.  Owner earnings is appx. $64k per year for an owner operator. Part time workers are in place for an owner wishing to work fewer hours and have more schedule flexibility, with a slightly reduced owner profit. Located in a popular and high-traffic (both foot and vehicle) area on Florida's affluent and desirable Treasure Coast: A popular and profitable art and gift gallery/ specialty retailer that has been an area icon for 40 years, with many fiercly loyal clients who return over and over again. Not a typical art gallery that only focuses on pictures/painting, this gallery also displays unique woodworking, small furnishings, crafts, glass work, ceramics and dimensional wall hangings. Seller has clear plans for a new owner to increase revenues and profits. Photo is generic - actual gallery is nicer. 

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