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Listing Number: 2126

Art Gallery/Framing Store Business for sale in Montgomery County, Maryland

Business: Art Gallery/Framing Store Business for Sale
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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