Iconic Freehold and Art business with high returns

Maroochydore QLD
Asking Price $1,350,000

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 and freehold package with immediate returns and development potential.
* Renovated character Queenslander set on 956 m2 block in the Main Street to develop or landbank
* Flexible floor plan allows for potential division into two separate tenancies if needed.
* 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 fantastic work life balance.
* Regular events, exhibitions, and demonstrations with high engagement rate.

Key Financial Information:
PEBITDA:                $221,301
Asking Price:           $1,350,000 WIWO
SDE Net Profit:       $221,301
Broker:                    Ruth Holland
Our Reference:       SC00507

To learn more about this unique opportunity and receive our Information Memorandum please complete our quick online confidentiality agreement by clicking the navy ENQUIRE NOW button at: xxxxx-for-sale/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: 20240327053002
Ref Num: 64-SC00507
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