Live the dream of running a successful art gallery in a desirable, high-foot-traffic Sedona location. This profitable, 10-year established business is a local staple, celebrated for its well-curated, diverse inventory from local artists and stellar Google reviews. The gallery thrives on its inviting atmosphere, supported by a wonderful staff that customers frequently praise for their warmth and service. Due to health issues, the owner is ready to pass this unique gallery to the next passionate buyer. Flexible seller-financing terms are possible. All inventory can be acquired on consignment. SDE has been calculated assuming an owner-operator model. The gallery space comprises two merged units. The buyer has an option to move forward with just the main unit and eliminate the second unit to save $7,200/month on rent.
- Asking Price:
- $225,000 Furniture / Fixtures included
- Sales Revenue:
- $835,000
- Cash Flow:
- $114,000
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
Lease ends 2031
- Leasehold Rent:
-
$178,000 per annum
- Size in square feet:
- 2,000
Business Operation
- Reasons for selling:
-
Health Issues
- Employees:
- 1 F/T 3 P/T
- Years established:
- 2031
Other Information
- Support & training:
-
2 weeks
- Furniture / Fixtures value:
- $20,000 - included in the asking price
- Inventory / Stock value:
- $80,000
