Interior Design Center & Art Gallery in NYC - 32975 Business Type: art galleries,art/mirror/framing retail,home furniture/ furnishings,misc. construction/non-classifiable,misc. servicel/non-classifiable,seller financing available,interior decorator/design
Financial Information (non-confidential)
$800,000 Down and $400,000.00 at 6% over 24 months
This business is roaring back now that the worst of the
Covid-19 pandemic seems to have passed in NYC.
After 30 years in business, the owner of this full-service,
custom interior design provider and art gallery is now ready
to sell, but not before imparting his valuable know-how,
customer accounts, and vendor relationships to you.
He is also open to taking on a value-add strategic partner.
It provides services to residential properties and corporate
office buildings; gymnasiums; hotels; restaurants, etc.
Its fully customizable products include: museum quality
framing for fine art, mirror and glass work, closets, showers,
backsplashes for kitchen and bathroom, and storefronts.
Its consultants work from the drawings and measurements
provided by designers and architects.You now have the
opportunity to acquire this rare gem at only 1.5 times the
owner's discretionary cash flow. Additionally, $75,000 of raw
and finished inventory and $75,000 in tools and equipment
are included in the asking price. The seller will discuss the
unusual, but very favorable lease situation with you, when
you meet with him in person. Only 20% of the business
generated is location dependent, though that may be changing
given the new and increased emphasis on the art gallery.
Please do not say anything to the employees or customers
when visiting the location, as they do not know it's for sale.
Kindly then contact the listing broker, Jay Goldman, if you would
like to meet with the seller to get a tour of the facilities and ask
some questions. Mr. Goldman can be reached by phone or text
at 917-912-3282 or by email at firstname.lastname@example.org.
Please first go to www.vestedbb.com to become a free registered
buyer under listing 32975, if you are new to Vested Business Brokers.
Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at email@example.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.
Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.
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