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Award winning art consulting firm and gallery for sale


After thirty years in the art business, owner of prominent gallery and art consulting firm in Cincinnati is looking to retire. She has created a successful turn-key and profitable operation for the next owner to step right in. The sale includes a pre negotiated lease for its massive 13,000 sf space - which is truly inspirational. There is a 103-year-old historic entry door, extraordinary vintage crystal chandeliers, hard wood floors, a full kitchen and an art immersive room. The space includes a top selling artist studio (who works exclusively for the company), a fully operational custom and contract framing facility, exhibition space for 100's of pieces (paintings and sculpture) and offices for staff. Besides art and framing sales, additional income comes in through a monthly membership program for artists, co-working in the gallery, national shows and gallery space rental fees for non-profits, corporate clients and many organizations local and regional. ADC currently has eight employees who are dedicated, knowledgeable and run the operation efficiently. This business is a dream come true for an entrepreneur who loves art and design, enjoys travel, entertaining and working with prominent corporate and private art collectors. The owner is willing to stay on for as long as needed to make client introductions, consult with clients or offer advise/direction on anything needing attention.

Listed By: Omar Kettani

Background information

Reference:

ewrewrwerew

Year established:

1993

Reason selling:

The owner is ready to retire after 30 years of an amazing career!

Finance

Sales:

$1,636,758

EBITDA:

$386,092

Operations

Employees:

8

Equipment:

Included in asking price $450,000

Inventory:

Included in asking price

Premises

Facility:

Historic front door, all high end gallery furniture (sofas, chairs, tables, pedestals), office furniture for 10 employees, new computers/monitors, phone system, 5' crystal chandeliers, Italian lighting, full kitchen, two bathrooms and so much more. All framing equipment (saws, glass and mat cutters, drymount machine) is also included Artwork shown in the gallery is all on consignment. The new owner isn't required to purchase any inventory.

Rent and lease terms:

$7,100 per Month

Location:

Cincinnati, OH

Opportunities

Growth:

The artist monthly membership program continues to grow and create on-going revenue. There is plenty of opportunity for growth in commercial art sales, leasing art, picture framing sales and gallery rental programs.

Price and terms

Price:

$1,500,000

Financing:

open to discussion

Training:

Full support and training provided!