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Reputable Art Gallery in Bristol

City of Bristol, Bristol
Leasehold Price:
£95,000
Find more details, or book a viewing:
Status
FOR SALE
Advert ID
217425
Reference
R06005 / Rightbiz

Details

    Showcases Local Talent

    Affluent area of Bristol

    Wide range of art

    Reputable Service

    Attractive premises

Intelligent Business Transfer are pleased to offer to the market a superb opportunity for a new buyer to acquire a well-established a long-standing framers and art gallery with excellent reputation, based in Bristol.The business serves a large customer base and is well-known throughout the city for delivering high quality workmanship at a competitive price.Established in 1995, the business has demonstrated consistent growth and now achieves an annual turnover of £135,000. With an excellent level of profitability and large customer base, this is an ideal opportunity for an entrepreneur with an interest in Art Retailing to acquire a turnkey business with growth potential.An enthusiastic new buyer may look to expand the business further by developing an ecommerce section to the already established website to not only promote the business online but also to retail products and prints to an online market. The business could also host more local and regional events, showcasing artists and attracting a larger customer base. The business could also be expanded further, with the possibility of building a new workshop and converting the existing workshop into additional framing and or retail space. The current employee wishes to stay on and would be a great asset to any new owner. He is capable of running the framing side of the business and is also very well regarded by the customers. Intelligent Business Transfer have been requested to find a suitable buyer. The current owners would be willing to offer a period of free training of 4 weeks, if needed, to ensure a smooth handover.
Listing Details
Leasehold Price: £95,000
Tenure: Freehold
Tenure: Leasehold
Tenure: Other
Sector: Retail, Picture Framing Businesses
Financials
Annual Turnover: £134,596
Annual Net Profit: £55,000
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