Looking for a buyer.
40+ year fine art gallery is a world-renowned gallery in the US focusing on a wide breadth of artwork from the 17th to 20th century. It is located in one of the most sought-after retail locations anywhere. Its clients are worldwide. Historically, this business in the period 1999 to 2018 has generated over $200 million in revenue and almost $33 million in unadjusted net profit. The owners believe that a business that has generated consistent annual adjusted EBITDAs of $2 to $4.4 million prior to 2019 will return to these levels when travel and covid restrictions are relaxed. Its revenues are derived from its extensive owned inventory and via consignment sales (primarily more recent contemporary works).

listing type
exclusive representation
Consumer Services
USA West Coast
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