Profitable Art Gallery in Blue Mountain Village

Profitable Art Gallery in Blue Mountain Village

Profitable Art Gallery in Blue Mountain Village

LISTING DETAILS

Listing ID: 3326
Type of Sale: Asset
MLS Code: Exclusive
Industry: Retail - Stores
Reason for Sale: Retiring
Training & Support: Yes
Asking Price: $125,000

ASKING PRICE
$125,000
DESCRIPTION

This beautiful art gallery has been in business for almost 15 years. It offers a wide variety of unique paintings and sculptures. Prime, very visible, high traffic location in the popular tourist town of Blue Mountain Village. The reputation and consistency of quality have earned the gallery the trust and patronage of their customers. As Ontario's favourite destination for Canadian fine art, their primary focus is selecting established Canadian artists whose work is known from coast to coast which will appeal to first time purchasers to seasoned collectors alike. Seller is retiring and looking to pass on this gem to the right buyer. This amazing deal won't last! Buyer VTB available. Listing ID: 3326

COMPANY INFORMATION

Year Established: 2006

Employees: 3
Franchise: No
Square Footage: 1,308 sq ft

Monthly Rent: $7,923 pm (incl TMI) + HST

FINANCIAL INFORMATION

Gross Revenue: $527,000
SDE: $67,000

FFE Included: Yes

Inventory Included: No

Financing/Terms: Financing Can Be Arranged For The Right Candidate

DISCLAIMER

The information in this listing has been provided by the business seller. 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.

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