Fine Art Materials Retail Business For Sale
Location United Kingdom
Asking Price Range < $250K
Gross Revenues $263518
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1930
Number of Employees 6 - 9
Relocatable Not Disclosed
Number of Employees 6 - 9
Real Estate Leased
Training The current owner will provide all necessary training and all relevant contacts to ensure a smooth transfer of the business to new owners and continuity of trading.
Reason for Sale This is a genuine retirement sale.
Description Long-established retailer of specialist fine art materials
Location Surrey
Asking Price 40,000+SAV
Operating since the early 1930's, this business is quite possibly one of the oldest established arts materials retailers in the UK, offering a comprehensive range of specialist fine art and graphics materials to student and professional artists, at very competitive prices.
Now into its third location in this, one of the largest commercial centres in Surrey, and close to the busy High Street, the business has been the first port of call for professional, leisure and student artists alike, at all levels of ability, frequently drawing a large proportion of its customers from within a twenty mile radius - and others from even further, keen to avoid a trip into Central London.
This business caters for artists working in almost all media including watercolour, oils, acrylics and pastels. It also carries extensive ranges of paper, board and canvasses as well as brushes, palettes, easels and an array of painting and drawing accessories. It stocks all kinds of bits and pieces including paper, glues, tapes, knives, scissors and much more. The business's graphics and technical drawing section is equally strong offering a selection of drafting pens, drawing instruments, markers, pads and papers.
This business deals directly with many of the leading suppliers to the trade including ColArt, Daler Rowney, Jakar, Premier Brush, Stone Marketing, Colourful Arts, Unison Pastels and West Design. Paper and card represents by far the greatest proportion of turnover - approximately 25% in all - with all the other areas of the range almost equally represented with none responsible for more than 10% of total turnover.
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