Listing Details

One of Carmel's Most Successful Art Galleries
 

Listing ID:

BUS-CAG

City:

Carmel, California

Cash Flow:

Price:

$795,000

Estd.:

Employees:

 
 

 

Situated in one of the world’s most famous art meccas, Carmel, California, this is one of the region’s most successful and best managed fine art galleries.  It has over $1,000,000 (at wholesale value) of carefully curated fine art inventory and about $400,000 of consigned inventory.

 

The gallery deals primarily in highly marketable quality paintings.  Management has focused on having esthetically appealing fine art, the best reputation and gallery services, and a close relationship with high-end customers conducted in an efficient and comfortable gallery setting, without investing in excessively lavish premises.  While the location is superbly situated in the core commercial center of downtown Carmel, the premises are compact and the rent is reasonable.  Variety of fine art, the gallery reputation and sharing attitude attract and gain the clients’ trust, support and involvement.  The gallery caters to wealthy astute clients and attracts both new and established fine art collectors. Substantial sales and low overhead translates into substantial gallery profits.

 

The gallery is run by a highly skilled and experienced team, with combined retail art experience of over 60 years.  This successful gallery team is prepared to work with a new owner for an extended period on reasonable terms to be negotiated.  This means a new owner can confidently step in and continue operations without interruption, with help available to preserve and continue the client relationships, and expand and improve the business.

 

Carmel-by-the-Sea is known worldwide for its artists and art galleries.  The town is one of the nation’s safest and wealthiest communities and most heavily visited tourist destination.  Nearby are Pebble Beach, Carmel Valley, Pacific Grove, Monterey, Big Sur and other upscale communities. The Monterey Peninsula is a great place to live and a great place to do business.

 

The City of Carmel-by-the-Sea has strict controls on the number and type of businesses in the prime downtown area.  The gallery premises are well-fitted and attractive to clients.  Recent LED lighting upgrades enhance efficiency and display quality.  The business exudes quiet elegance.  It is located amidst quality shops, fine dining, and luxury boutique hotels.

 

The current gallery investor and principal does not live in the area and wishes to sell in order to focus on other investment opportunities closer to home.  The principal is involved in a wide range of investments which include fine art dealings and art projects.  There may be opportunities for a buyer of the gallery to participate in other related ventures.  (This is not part of the gallery sale but rather a potential topic of discussion.)

 

The gallery principal places a high priority on discretion, and specific information will be shared only with appropriately qualified prospective buyers.

 

The business purchase price does not include inventory, which would be available for purchase at favorable prices to the buyer at the time of gallery purchase.  Transfer of consignment inventory is subject to agreement by the consigning artists.

 

Offered by Carmel Business Sales.  Call today to learn more about this great business. (831) 625-5581.                                    

 
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