Established Art Galleries in Central and South East London

London, Greater London
REF: R06562

Asking Price:
£250,000
Annual Turnover:
£533,348
Annual Net Profit:
£144,563
REF: R06562

Overview

Tenure:
Leasehold
Established:
2012
  • Fully established and profitable
  • Requires little management, if needed
  • Huge growth potential
  • Excellent reputation
  • Established but easily relocatable
  • Both galleries leases expire/renew at the same time

Following a recent period of focussed expansion and investment, this art sales business is now ready for a new owner to take it to the next level of success. A number of revenue streams provide the income to this business - some are well established and some are ripe for further development. Managers throughout the business run key elements of it, under the current owner’s guidance, so a new owner would need to provide only theoretical, strategic guidance, should they wish.

With two self-functioning, successful and reputable art galleries in prime London locations providing the bulk of the income, the new owner will be able to rely on these for their bread and butter. An emerging online sales function however could benefit from digital marketing expertise and potentially bring fantastic additional sales figures in. Additionally, partnerships with some retail outlets are already established which see the artwork of this business’ artists being sold in multiple locations, however further partnerships could be developed to provide additional income.

Everything is now ready for a new owner to take over and with minimal management from them required, should they wish. This is a great opportunity to learn about the business sector as you settle into your new role and enjoy running a successful art business

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