Established and Profitable San Diego Fine Art Gallery: $1M of Inventory Included
Solana Beach

Are you interested in owning a well-established gallery located in one of the wealthiest zip codes in the world? This gallery has been open since 2017 and has been at the forefront of the art scene ever since! The existing owner-artist took over in 2022 and has since cultivated a reputation for culture and profit. The financial performance speaks to its success, with only one part-time gallery manager besides the owner. This ensures a seamless transition and minimal operational complexity for the new investor. 

The owner-artist has both local and national clientele and is now selling the gallery to focus on art. The sale includes $1,000,000 worth of artwork, $50,000 worth of furniture, fixtures, and equipment, training and transition assistance, and an ongoing standard 50/50 consignment agreement with the owner-artist. 

There are opportunities to expand the business with additional artists, advertising, events, and shows. 

This lifestyle business would be an ideal acquisition for someone with energy and artistic vision to continue its growth.

Listing Number:

23233

Category:

Miscellaneous,Retail

Location:

Solana Beach
$365,000

Financial Information:

Gross Revenue:

$361,755

Listed Price:

$365,000

Down Payment:

$0

Total Income:

$174,020

Year Established:

N/A

Lease Information:

Square Feet:

1200

Total Rent:

$4,500

Lease Expiration:

12/2024

Lease Options:

N/A

Asset Information:

Leasehold Improvements:

$0

Equipment / Fixtures:

$50,000

Inventory:

$1,000,000

Other Assets:

N/A

Additional Information:

Full-Time Employees:

1

Part-Time Employees:

1

Special License Required:

N/A

Contract Staff:

0

Training Period:

20 hours

Reason for Selling:

Moving out of retail

Hello World

First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


Read First Choice Business Broker, Terms of Use before responding to any ad.

brokerPhoto
Bryan Gonzales
Office: (858) 578-4111 | Cell: (858) 578-4111
License #: CA DRE 01191461

By clicking the button, you agree to First Choice Business Broker Terms of Use and Privacy Notice

brokerPhoto
Bryan Gonzales
Office: (858) 578-4111 | Cell: (858) 578-4111
License #: CA DRE 01191461

By clicking the button, you agree to First Choice Business Broker  Terms of Use and Privacy Notice

Established and Profitable San Diego Fine Art Gallery: $1M of Inventory Included
Solana Beach

Listing Number:

23233

Category:

Miscellaneous,Retail

Location:

Solana Beach

Listed Price:

$365,000
brokerPhoto
Bryan Gonzales
Office: (858) 578-4111 | Cell: (858) 578-4111
License #: CA DRE 01191461
Are you interested in owning a well-established gallery located in one of the wealthiest zip codes in the world? This gallery has been open since 2017 and has been at the forefront of the art scene ever since! The existing owner-artist took over in 2022 and has since cultivated a reputation for culture and profit. The financial performance speaks to its success, with only one part-time gallery manager besides the owner. This ensures a seamless transition and minimal operational complexity for the new investor. 

The owner-artist has both local and national clientele and is now selling the gallery to focus on art. The sale includes $1,000,000 worth of artwork, $50,000 worth of furniture, fixtures, and equipment, training and transition assistance, and an ongoing standard 50/50 consignment agreement with the owner-artist. 

There are opportunities to expand the business with additional artists, advertising, events, and shows. 

This lifestyle business would be an ideal acquisition for someone with energy and artistic vision to continue its growth.

Financial Information

Gross Revenue:

$361,755

Listed Price:

$365,000

Down Payment:

$0

Total Income:

$174,020

Year Established:

N/A

Lease Information

Square Feet:

1200

Total Rent:

$4,500

Lease Expiration:

12/2024

Lease Options:

N/A

Asset Information

Leasehold Improvements:

$0

Equipment / Fixtures:

$50,000

Inventory:

$1,000,000

Other Assets:

N/A

Additional Information

Full-Time Employees:

1

Part-Time Employees:

1

Special License Required:

N/A

Contract Staff:

0

Training Period:

20 hours

Reason for Selling:

Moving out of retail

First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


Read First Choice Business Broker,
Terms of Use before responding to any ad.