| Asking Price |
$125,000 | Inventory |
$25,000* |
|---|---|---|---|
| Gross Income |
$350,000 | Real Estate |
|
| Cash Flow |
$50,000 | Year Established | 1988 |
| FF&E |
$10,000* | Employees | 2 |
* included in the asking price
** not included in the asking price
Only a few people fulfill the dream of living, working and playing in beautiful, unspoiled Vermont. If you are looking for an established business in one of the prettiest villages in America that will make the dream happen you should consider this business. The purchase requires minimal capital and multiple rewards. The purchase conveys the business name, website, artist relationships, mail lists, fixtures and inventory. It has established itself as a premier New England gallery with its focus on the New England experience. Over forty artists are represented. Most inventory is consigned which conserves operating capital. The business has been profitable since opening in 1988.
Facilities: The gallery is located in a charming, historic 1794 building in the heart of Woodstock, Vermont. There are seven rooms within the 2200 square foot gallery with wood floors, fireplaces and simple Vermont character. Lease is transferable and renewable in April 2011, Current rent is $4120 which includes taxes, heat, water, outside maintenance.
Competition: The gallery is the largest of seven art and craft galleries in town. A cluster of galleries is essential for success in any community and most of these galleries have been established for more than twenty years.
Growth/Expansion: The gallery does custom picture framing, however it does not actively promote it. Given that there are no frame shops in town this could be new source of revenue. Handcrafted jewelry has been successful and there is opportunity to expand this product line.
Financing: Negotiable
Support/Training: Owner will train and support as needed.
Reason Selling: Owners now live in Ohio to care for family.

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