Benchmark Business Group

Established Art Gallery & Frame Shop

Benchmark Business Group specializes in the confidential sale and purchase of successful businesses. Our experienced team, proven systems, strong buyer and lender relationships, and expertise in presenting financially sound deals to qualified buyers result in satisfied buyers and sellers.  Below is a list of businesses we have listed for sale in Iowa and surrounding areas.

Listing ID: 2874
Industry:

Quick Facts:

Listing Price:

$160,000

EBITDA:

$70,438

Real Estate:

N/D

Gross Revenue:

$429,898

FF&E:

$20,670

Established:

1979

Cash Flow:

$70,438

Inventory:

$172,125

Employess (FTE):

4.00

Description:

This established art gallery and frame shop for sale is located in a well-known shopping area in Iowa. For nearly four decades it has featured the works of award-winning artists both at its retail location as well as during its popular seasonal exhibitions. The gallery represents over 60 professional Midwest artists with paintings, sculpture, photography, and mixed media. The gallery also offers custom framing and full-service support for the delivery and installation of vintage and contemporary art for both private and business clients.

Detailed Information:

Broker:

Brad Dostal

Location:

Midwest

Facilities:

The business operates out of facilities with multiple store front visibility offering the opportunity to showcase three independent exhibits simultaneously on more than 3,000 sq. ft. of gallery showroom area.  Additionally, there is a 1,250 sq. ft. workshop area for framing and ample storage for finished works and framing stock.

NAISC:

453920

Inventory included?:

Yes

Reason for selling:

Owner wants to increase focus on family responsibilities.

Market opportunities:

Iowa is becoming well known for its art scene and while this gallery has established a strong retail presence, the opportunity exists to expand by adding more corporate clients and by building strategic alliances with third party consultants such as interior designers. Additional revenue could also be found through working with the artists to offer reproductions of their work to be sold in-store and online.

Competitive advantage:

Beyond the retail gallery and frame shop, the business has established itself as a valuable resource to the local art community with its knowledgeable and helpful staff who deliver the highest level of service to all customers.  

Able to relocate?:

Yes

Real estate included?:

No

Real estate owned by seller?:

No

Real Estate leased from third party?:

Yes

Real estate available for buyer to purchase?:

No

Seller financing available?:

No

Training provided by seller?:

Yes

Franchise ?:

No

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Real Estate Brokerage:

Next Generation Realty
2011 NW 100th Street
Clive, IA 50325
Telephone: 515-224-9900
Fax: 515-224-0858

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