For Sale
Extremely well established art gallery business for sale
Ruislip, Greater London
- Asking Price: £125,000 +SAV
-
Turnover:
Further financials can be made available upon request.
- Tenure: Leasehold
Please quote reference B07313
CoGoGo are delighted to welcome to the market The Art Gallery, a highly rated Gallery/Bespoke Framers in Ruislip, Greater London.
The business was first established back in the 1950's, with our client taking over in 1991. The business is extremely popular within the local area, building up an excellent reputation and regular customer base.
The Art Gallery has now come to the open market due to our client's desire to retire.
The business is a stylish gallery showcasing a selection of artwork from the country’s most popular artists. The framing service begins with a friendly and experienced consultation and ends with the customer's framing completed to the company’s high standards and by the team in the on site workshop.
The sale will include the company website and social media platforms and the business enjoys great visibility on the internet with impressive reviews such as;
- “Walked in a couple of weeks ago with no clue about picture framing or what I wanted. Greeted by two members of staff who both said, just bring the print in and they would take care of everything. Wonderful advice with options explained without making me feel awkward because I really had no idea myself. A week later I got my picture back with a stunning frame and mount that suited it perfectly, just like the lady said it would. Thanks guys, will definitely be back”
- “Would highly recommend this locally run personal business”
- “Am delighted with the service and helpfulness I received here”
- “I visited this business to have a painting framed. I am so please with the finished product. The recommended glass was amazing and worth paying the extra. The picture frame is beautiful and great craftsmanship. The picture was framed in a timely manner and the service I received was brilliant. Thoroughly recommend“
- A well established business with an enviable reputation and many existing customers
- Current owners happy to offer a handover to ensure the continued success of the business
- Prime trading position in a salubrious area with a good level of footfall
- Ideal owner managed or partnership business
- Perfect ‘Bolt On’ to an existing Art Gallery or Picture Framer
- The freehold is available to purchase
- Advertising and marketing campaign
- Maximise the use of social media
- Extend the opening hours perhaps opening on Sundays
- Invest in SEO and PPC to drive customers to business website
We are advised that the business is owner run and managed, with the help of 1 part-time member of staff.
The current trading hours are -
Monday – 10:00am – 4:00pm
Tuesday – 10:00am – 4:00pm
Wednesday – 10:00am – 4:00pm
Thursday – 10:00am – 4:00pm
Friday – 10:00am – 4:00pm
Saturday – 10:00am – 4:00pm
Sunday - Closed
The Art Gallery is located on Victoria Road, in Ruislip, Greater London.
The business is beautifully presented and fastidiously maintained with clear visible signage and distinctive livery. The business sits alongside other complimentary retail businesses and thus benefits from high levels of footfall and passing trade.
There is on street parking close to the premises in addition to a number of inexpensive public car parks within walking distance.
Ground floor -
- Shop - Floor to ceiling windows and glazed door to front creating a light, airy and inviting interior. Pleasing upmarket feel with expensive looking wood effect flooring, suspended ceiling with concealed lighting enhanced by track spotlighting, bespoke curved counter with generous wrapping area. Wall displays.
- Rear area - Further art displays and a desk area.
- Workroom - Picture framing equipment and storage space.
- Kitchenette
- WC
- Approx 500 sq ft
Tenure
We are advised that the business is being sold on a Leasehold basis. New lease terms are negotiable. Current rent is £12,000 per annum. Currently free from business rates
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Borrowing £7,500 over 4 years with a representative APR of 27.4%, an annual interest rate of 27.4% (Fixed) and a deposit of £0.00, the amount payable would be £246.43 per month, with a total cost of credit of £4,328.83 and a total amount payable of £11,828.83
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