Established & Thriving Gallery with Growth Potential in Affluent Town

Devon
REF: INT3471

Asking Price:
£695,000
Annual Turnover:
£221,264
Annual Net Profit:
£64,104
REF: INT3471

Overview

Tenure:
Freehold
Established:
1996
  • Excellent Reputation
  • Huge Growth Potential
  • Low Overheads
  • Accommodation Included
  • Spacious Premises

This rare opportunity involves the acquisition of a long-standing and reputable art-focused business, well-established in a popular and affluent South West town. With nearly three decades of successful operation, the business is known for its high standards, loyal clientele, and far-reaching reputation.

Operating from a beautifully presented Grade II listed freehold premises, which includes on-site residential accommodation, the business offers a compelling blend of lifestyle and commercial potential.

Revenue is generated through regularly curated exhibitions, participation in major national art fairs, and a growing stream of online and remote sales. The gallery has a very loyal customer base, with many repeat buyers, including second-home owners and collectors, regularly purchasing directly from the emailed newsletter. The business represents a handpicked group of established and emerging artists, all working on a 50/50 sale-or-return basis.

Key marketing channels include Instagram, Facebook, and a monthly newsletter, though there is clear scope to expand the online presence beyond these platforms. The well-established website supports worldwide delivery and continues to grow.

Operated entirely by the owner, the gallery enjoys excellent footfall due to its central location in a thriving tourist destination. The premises include a spacious three-bedroom flat with estuary views, offering an attractive lifestyle and investment opportunity. Additionally, the property benefits from full planning permission to convert the first floor into a two-bedroom flat, providing further living space or rental income potential, complementing the existing residential accommodation.

The town is well-served by good local schools, making it particularly suitable for couples or families seeking to relocate and run a lifestyle business. There are also strong transport links, with convenient access by road and regular bus services.

The business is being sold due to the owner's retirement, with support offered during the transition.

As this business is a confidential sale, we require you to complete a non-disclosure agreement (NDA) to access further information



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