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Well-established Fine Art Gallery For Sale

West Des Moines, Iowa, US
Asking Price:
$750,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
On request
Cash Flow:
On request

This well-established fine art gallery and frame shop for sale is located in a well-known walkable mixed-use area that features various retail, restaurants and special events in West Des Moines, Iowa. The business sells both classic and modern artwork produced by well over 100 known and unknown artists. The business is well known for their extensive selection of paintings, sculptures, prints, posters and mixed media art. The professional framer works with individuals and businesses to provide high-quality custom framing services.

*The sale price of this business is lower than the wholesale value of the inventory. There is also a substantial amount of art being sold on a consignment basis. See the Circular for more information.

Property Information

Real Estate:

Lease

Location:

Well-known walkable shopping area.

Premises Details:

The business has almost 6,000 square feet of space with great visibility for shoppers in the heart of a well-known walkable area. The business is on a month-to-month lease.

Business Operation

Expansion Potential:

The business could grow revenues by hiring a salesperson which would focus on art sales to businesses in the area. The area has an excellent art scene with many local collectors. The business would benefit from an aggressive marketing campaign to let people know of the great works of art available locally.

Competition / Market:

The business has developed a loyal following of clients who will contact the gallery when they are ready to purchase their next piece. The business’s location in West Des Moines brings great visibility for new customers who may stumble on the gallery during their shopping trip to the area.

Reasons for selling:

Retirement.

Employees:
3
Years established:
Est. 1989

Other Information

Support & training:

Negotiable.

Furniture / Fixtures value:
$1,000 - included in the asking price
Inventory / Stock value:
$910,000 - included in the asking price
Related Documents:
Relocatable:
This business can be relocated