Successful Art Gallery in DC

Asking Price$250,000

Cash Flow
$89,824
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$461,171

Inventory$1,250,000
Not included in asking price
FF&E$6,000
Included in asking price
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Successful Art Gallery in DC


Asking Price$250,000

Cash Flow
$89,824
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$461,171

Inventory$1,250,000
Not included in asking price
FF&E$6,000
Included in asking price

Seller Financing Available
Business Description
This fine art gallery located in central Washington DC features a stellar roster of nationally and internationally renowned contemporary artists.

The gallery has an excellent reputation and helps promote and sell art (via consignment) on behalf of approximately 30 artists and has made a long-term contribution to the DC and national contemporary art scene. Great relationships with art collectors and visual artists.

There is an opportunity for a new owner to grow art consultancy services including framing, installation, art transport & handling, etc, and by increasing local, national and international visibility.

Seller is offering financing subject to credit approval and to assist in transitioning to new owner(s).
About the Business
Years in Operation
13
Currently Relocatable
Yes
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
900
Rent
Not Disclosed
About the Sale
Seller Motivation
relocation
Transition Support
2 weeks
Financing Options
Owner Financing Amount $150,000.00 Owner Financing Interest 8% Owner Financing Terms
Listing Info
ID
2385122
Listing Views
207

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Business Listed by: Erik Woodworth Transworld Business Advisors of Chevy Chase

Listing ID: 2385122 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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