Distress Sale: Art Gallery in Historic Downtown Charleston
Gross Revenue $880,000 - Cash Flow Not Disclosed - Asking Price: $250,000
Distressed Sale: This well-established 21-year-old art gallery, now offered as an estate sale following the passing of its founder, presents a unique opportunity for a passionate buyer to revitalize a beloved fixture in the local art community. With a stellar reputation for curating a master gallery experience in fine art, gifts, and specialty items, the business operates from two prime leased locations in historic downtown Charleston, SC. It specializes in showcasing innovative works from painters and sculptors on a consignment basis, building strong relationships with artists and collectors. While currently in a distressed state, its diverse offerings and loyal customer base offer strong potential for growth and turnaround under new ownership.