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Art Gallery And Interior Design Center In New York County For Sale

New York County, New York, US
Asking Price:
$1,200,000 Inventory / Stock included
Sales Revenue:
$1,983,247
Cash Flow:
$770,465

Art Gallery & Interior Design Center In NYC-32975

After 30 years in business, the owner of this full-service, custom interior design provider and art gallery is now ready to sell, but not before imparting his valuable know-how, customer accounts, and vendor relationships to you. He is also open to taking on a value-add strategic partner.It provides services to residential properties and corporate office buildings; gymnasiums; hotels; restaurants, etc. Its fully customizable products include: museum quality framing for fine art, mirror and glass work, closets, showers, backsplashes for kitchen and bathroom, and storefronts. Its consultants work from the drawings and measurements provided by designers and architects.You now have the opportunity to acquire this rare gem at only 1.5 times the owner's discretionary cash flow. Additionally, $75,000 of raw and finished inventory and $75,000 in tools and equipment are included in the asking price. The seller will discuss the unusual, but very favorable lease situation with you, when you meet with him in person. Only 20% of the business generated is location dependent, though that may be changing given the new and increased emphasis on the art gallery. Please do not say anything to the employees or customers when visiting the location, as they do not know it's for sale. Kindly then contact the listing broker, Jay Goldman, if you would like to meet with the seller to get a tour of the facilities and ask some questions. Mr. Goldman. Please first go to www.vestedbb.com to become a free registered buyer under listing 32975, if you are new to Vested Business Brokers.

If interested, please contact the seller through the form on this page.

For more information on this listing- copy and paste this link into your browser https://www.vestedbb.com/lid-32975 for instant access to this business information.

Business Operation

Reasons for selling:

Other business interests overseas

Employees:
2FT/1PT
Years established:
1990

Other Information

Support & training:

Seller will train

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

800,000.00 Down & $400,000.00 at 6% over 24 months

Furniture / Fixtures value:
$75,000
Inventory / Stock value:
$75,000 - included in the asking price

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