Bergen Gallery and Framing
Bergen, New Jersey
| Asking Price: |
Gross: |
Cash Flow: |
| $110,000 |
Undisclosed |
$51,070 |
Furniture and Fixtures Value:
$12,000 (included in the asking price)
Inventory Value:
$65,000 ( not included in the asking price)
Business Summary:
Located on main street of highly affluent town in Bergen County. This gallery concentrates it’s sales on hand crafted jewelry 33%, paintings 33% and frames 33%. This prestigious business has loyal affluent clientele. At present there is no advertising or marketing programs in place. Mark-ups on items handled are extremely high. 250% for paintings, 300% for frames. There are two other galleries in town. This spot entices more well to do customers. Municipal and metered parking available throughout area.
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| Year
Business was Established: 2002 |
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| Number of Employees:
1 |
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| Facilities / Terms of Lease:
900 sq. ft. gallery, does picture framing and seller frames, paintings and hand crafted jewelry. |
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| Potential
Growth/Expansion:
Advertising and promotion – even putting up sale banners. |
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| Competition:
Two other competing stores in area this gallery drills in the more affluent clientele. |
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| Owner
willing to train:
2 weeks |
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| Reason for selling:
Retiring from retail |
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| REQUEST MORE INFO |
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