Businesses 4 You Pty Ltd Phone : 0414 28 ****

Aboriginal Art Gallery Sydney CBD

Listing Id : 244623

Location : New South Wales - Sydney -Sydney

Category : Arts and Crafts, Hospitality and Tourism, Retail

Asking Price : $525,000

Business description

Turnover $540,000per annum (excluding GST). Net to 1 owner $130,000 per annum (approx.). Established 14 years. Good Lease and rent deal.

High profile street front position on a busy main road. The gallery has 180 degrees exposure to the foot path in this busy tourist section of the Sydney CBD. Simple to run with proven systems and procedures in place.

This business is essentially an Aboriginal art gallery, which mostly includes a large collection of paintings by renowned and emerging artists. Other art products sold include pottery, various decorated items, various artefacts, decorating stones, etc. The art is sourced from over 120 artists, with which the business has a close relationship.

The floor area of the premises is approximately 200 square meters. Some of the nearby businesses to the premises include a hotel, various restaurants and cafes, various bars, the major banks, numerous office towers and a major parking station which is only a couple of blocks down the road. THE ASKING PRICE INCLUDES APPROXIMATELY $200,000 worth of stock at cost. The art/stock sells for approximately 2-3 times cost. Great Opportunity!! Good Value!!

Asking $525,000 WIWO

Phone: (**** **** or (**** ****


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