Iconic Art Gallery including Comm Real Estate

Maroochydore QLD
Asking Price $1,349,000
About
ART GALLERY WITH FREEHOLD INVESTMENT AND DEVELOPMENT OPPORTUNITY IN ICONIC LOCATION

If you've ever dreamed of owning your own buzzing art gallery, here's a truly unique opportunity not to be missed! Offering an extremely rare opportunity in a popular tourist destination to acquire this successful business and freehold or explore additional development opportunities. The ideal solution for relocating interstaters with no previous industry experience required.

Located in the heart of a popular hinterland tourist destination, drawing visitors from home and abroad throughout the year. This impressive and renowned gallery business operates a consignment commission model, so costs of sale are low, with minimal initial outlay and no previous industry experience required.

Business Highlights:
* Business and freehold package with immediate returns and development potential.
* Renovated character Queenslander set on 956 m2 block on Main Street to develop or landbank.
* Flexible floor plan allows for potential division into two separate tenancies if needed.
* A straightforward and transparent consignment model means excellent income from loyal artists.
* Original business founded more than half a century ago - just three owners over five decades.
* Owners work in the business only four days per week offering a fantastic work-life balance.
* Regular events, exhibitions, and demonstrations with a high engagement rate.Key Financial Information:
PEBITDA:        $221,301

Asking Price:     $1,349,000 WIWO
Broker:          Ruth Holland
Our Reference:   SC00507

Keywords: Queensland, Sunshine Coast, artwork, painting, drawing, oil paintings, paint, print, sculpture, modern art, limited edition, canvas, bronze, statue, property investment, land, building, leasehold, art gallery

Ref: SC00507
Ref: SC00507
Timestamp: 2024xxxxx
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