Listing Number: 0873-120076
Description
This multi-location gallery features a wide variety of reputable artists and has won many awards over the years.
The business has seasoned managers in place who run the day-to-day operations. The seller, who did not have any experience in art before owning the gallery, works 10-15 hours a week and is willing to provide an extended transition of over a year!
The purchase price includes $1,000,000 of inventory and all pieces on layaway and consignment, which is currently valued at $700,000.
The business has been lender prequalified, which means that you can own a business cash flowing over $1,100,000 for only $1,000,000 down!
Inquire for more details and learn how you can buy a business for as little as 10% down on qualified SBA listings or how to use creative financing options to get a deal done! At Transworld Business Advisors, we are the most active business brokerage in the country - listing and selling the most businesses in the state. Get added to our buyer list today to receive notifications as businesses with your criteria hit the market!
Listing Details
- Price: $4,900,000
- Down Payment: --
- Sellers Discretionary Earnings: $1,134,514
- Total Sales: $3,751,777
- Location: Denver County, Colorado
- Inventory: $1,000,000
- FF&E: $0
- Employees: 8
- Year Established: 1990
- Reason for Selling: Other
- Category: Art
