Highly Reputable Canvas Art and Gallery Business in Northallerton North Yorkshire for Sale
Northallerton, North Yorkshire
- Status
WITHDRAWN
- Advert ID
613404
- Reference
B08115 / Rightbiz
- Call Agent:
- Leasehold: £99,995
- Turnover: £350,000 (£6,731 per week)
- Profit: £140,000 (40% Profit margin)
Business Details
Distinctive Canvas Art & Gallery Business For Sale
BusinessPlease quote reference B08115
CoGoGo are delighted to welcome to the market Le Reve Canvas Art / Platinum Galleries.
Established in 2004, Le Reve Canvas Art, is a distinguished canvas art shop and gallery located in the heart of Northallerton, North Yorkshire. Over the years, it has built a reputable name for itself in the art world, becoming a sought-after destination for art enthusiasts and collectors alike. The business specialises in high-quality wall art, offering a diverse range of canvas pictures, both split and single panels, all framed and ready to hang.
Our client, a passionate art enthusiast, founded this business with a vision to offer exquisite and diverse canvas art to the local community and beyond.
The gallery offers a vast array of canvas wall art, from striking abstracts to captivating animal prints and intricate multi-panel pieces. Each canvas is printed on top-quality cotton and meticulously stretched around sturdy frames, ensuring durability and a flawless finish. Customers can choose from various sizes and styles, making it easy to find the perfect piece to complement any space. Additionally, Le Reve Canvas Art provides a bespoke service, allowing customers to have their favourite photographs printed onto a canvas, creating personalised and meaningful art pieces.
Equipment List:Â
- 7x HP Large Format Printer
- Laptops and Software
- Frame Cutting Equipment
- Production Area
Le Reve Canvas Art stands as a testament to dedication and represents a lucrative opportunity for investors and art entrepreneurs. With its robust inventory, state-of-the-art equipment, and a wide selection of unique and beautiful artworks, the business continues to thrive, providing customers with exceptional pieces that bring beauty and inspiration into their lives.
It stands as a beacon of artistic excellence in North Yorkshire. For those looking to immerse themselves in the art business, this establishment offers both a rich history and a promising future.
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Location
Situated in Northallerton, North Yorkshire, Le Reve Canvas Art benefits from a prime location, attracting both local patrons and visitors from surrounding areas.
Premises
This innovative business boasts an art gallery and production room on the ground floor, seamlessly blending creativity with craftsmanship.
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Tenure
This opportunity is being sold on a Leasehold basis with a 10 year lease in place (began in 2024).
The current rent is £750 per month.
Hours
The current operating hours are:
Monday to Friday - 9:00am to 5:00pm
Saturday - 10:00am to 3:00pm
Sunday - Closed
Staff
The business is run and managed by our client with the help of 2 members of staff.
Financial Profile
The business generated a turnover of £350,000. Full financials can be made available upon further request.
Stock:
Canvas' - Valued at £30,000
Framing Supplies - Valued at £2,000
Art - £30,000
Equipment - £20,000Â
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Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
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