Buy a Art Gallery/Framing Store Business for Broker in Montgomery County, Maryland
Business: Buy a Art Gallery/Framing Store Business for Broker
County, State: Montgomery County, Maryland
Business Type: Art Galleries, Framing Store, Professional Services
Summary Description
Art Gallery and Framing Store. Well-established and diversified art gallery with framing shop located on major shopping thoroughfare adjacent to premiere nationally recognized mall in the highest per capita income area in the entire country. This store is located in an area which boasts high net worth consumers and has national name recognition -- perfect for an art gallery. Facility include 1000 sq ft gallery and 600 sq ft shop with state-of-the art framing equipment. Profit margins can be increased day one by a businessman who can manage costs more efficiently. Sales and profit margins can be increase with strong marketing and a more aggressive sales effort. This store is adjacent to the highest grossing eatery in the area.
About the Sale
Asking price: $195,000 (USD)
Financing: $135 down and 60,000 at 7% over 60 months
Total Revenues: $249,300 (USD)
Cash Flow: $98,600 (USD)
Reason Selling: N/A
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Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller.