Price
$310,000
Profit *
Refer to Broker
Sales Revenue
Refer to Broker
Location
Melbourne Region, Melbourne
Category
Leisure/Entertainment, Arts/Crafts
Listing #
ME02712
Currently on offer is a business opportunity for driven new owners in the thriving Melbourne art scene. This established art gallery and event space has a remarkable 21-year history of success and a stellar reputation. The business is poised for substantial growth, with bookings solidly in place and potential government support for future expansion.
*Taking $7,000 PW
*Established for 21 years
*Prime location
*Diverse range of artists
*Niche industry
*Full bookings until 2024
*New Fit-Out and Renovation
Kristy Kolaitis and the team at LINK Melbourne are excited to bring a ready-to-operate, highly reputable and iconic business to market.
This business is a well-established art gallery and event space with a distinguished 21-year presence in Melbourne. It has consistently supported a diverse range of artists, from emerging talents to celebrated figures. With its extensive history and loyal clientele, this gallery represents a valuable hub for artistic opportunities.
The gallery enjoys a bustling location that attracts art enthusiasts and patrons. Trams directly connecting to the city ensure a constant flow of foot traffic. The premises feature distinctive architecture and design, including an award-winning cafe and furniture. The gallery’s spacious and unique layout, equipped with 5D projectors and vintage glass, is perfect for artistic expression.
The workshop space exhibits substantial growth potential, driven by anticipated industry expansion and the potential of government support. Bookings are secure until June 2024, reinforced by a 30% non-refundable deposit requirement. In summary, this presents an excellent opportunity for a new owner to make a significant impact in the thriving artistic community.
To learn more about this business, contact us today.
Listing ID: 17258
Broker: Kristy Kolaitis
Phone: 0421 136 415
Email: [email protected]
Note that details of the business for sale may be confidential and disclosure is subject to completing a Confidentiality Agreement and is at the discretion of the Broker.
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*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.
Ready to unlock the true value of your business? Contact a LINK Corporate Broker today to schedule a confidential consultation.
