Successful & Strong Santa Fe Art Gallery for Sale
Santa Fe & North Central Region, New Mexico
Listed Price: $ 675,000
Listing ID: N209
Listing DetailsGross Revenue: $ 1,634,090
Cash Flow: $ 340,794
FFE: $ 25,000 (Included in Price)
Training & Support:
The Seller will work with the Buyer to negotiate a mutually acceptable training and transition phase. New owners will be supported by a wonderful gallery manager. This individual is well-liked by the artists and collectors and will be a valuable resource going forward.
Listing SummaryBusiness Description:
This business has established itself as a prized destination for fine art in Santa Fe. The sales staff is knowledgeable and attentive, the ambiance is welcoming, and the location is premium. A professional and polished online presence extends the brand’s appeal.
Newsletters, regular phone calls, online auctions, and an active social media presence helps nurture and sustain the gallery’s relationships with its geographically diverse collectors. Online auctions give this business a further advantage. The gallery has approximately 2,500 subscribers, strong open and click-through rates, and many repeat and referral high net-worth customers.
Santa Fe consistently ranks as one of North America’s top small big cities and visitor destinations. With one of the highest concentrations of fine artists, writers, and architects of any metropolitan area in the U.S., Santa Fe is one of the top art markets in the U.S.
Sam Goldenberg & Associates is confidentially offering this operating business for sale. Only upon receipt and review of a Non-Disclosure Agreement and Confidential Buyer Profile is Sam Goldenberg & Associates authorized to disclose sensitive information about this business, including its identity and location.
Santa Fe is home to over 250 art galleries, representing diverse styles and genres. Collectively, they have helped put Santa Fe on the map as a destination for collecting and learning about fine art.
An actively engaged owner will find multiple ways to take advantage of the brand, location, and venue to grow the business.
The price has been reduced over $100,000! The Seller is motivated.
LocationLease Expire: 0000-00-00
Monthly Rent: $ 11,137
Square Footage: 5050
Type of Location: Commercial
This gallery occupies a high-visibility location. Size, amenities, and charm make it a sought-after venue. New owners will inherit a favorable lease.
OperationYear Established: 2014
Absentee Owner: No