Santa Fe Art Gallery & Real Property – Successful and Prestigious

Santa Fe Art Gallery Business for sale by New Mexico business brokerage Sam Goldenberg & Associates

Santa Fe Art Gallery & Real Property – Successful and Prestigious

Price: $2,850,000

Location: Santa Fe & North Central Region, New Mexico

Industry: Retail & Wholesale, Art Gallery

Founded 20 years ago, this venerable art gallery offers a welcoming and expansive space that features the work of over 30 acclaimed artists working in the mediums of oils, watercolors, and bronze. The gallery is a known destination that celebrates New Mexico’s rich visual inheritance and shares the magic, vision, and endless possibilities of artistic expression. Offering one of Santa Fe’s best addresses for art, the real property is in pristine condition.

Listing Details

Revenue: $1,600,000

Cash Flow: $450,000

FFE: $97,500 (Included in Price)

Real Estate:$2,300,000 (Included in Price)

Reason For Sale:

Retirement.

Training & Support:

Training and transition to be negotiated.

Location

Facilities Information:

Prime location, pristine venue.

Summary

Competition:

Well-known gallery with strong portfolio of artists and large database of collectors.

Potential Growth:

2021 sales are up 57% over 2019 and more than double 2020 YTD.  Over 4000 names have been added to the email list in the past three years.  The professionally designed, rebranded, and maintained website traffic was up 22% last year and continues to be up a further 10% this year.  Sales via the emails and website have been substantial and continue to grow to augment walk in traffic.

Santa Fe Art Gallery Business for sale by New Mexico business brokerage Sam Goldenberg & Associates

Michael Greene

info@samgoldenberg.com
505-820-0163
Address:
126 E. De Vargas Street, Santa Fe NM 87501

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