Established Art Gallery with Online Presence – Broome, WA

Description

A RARE OPPORTUNITY TO ACQUIRE AN ESTABLISHED KIMBERLEY ART GALLERY WITH EXCLUSIVE COMMERCIAL RIGHTS

Broome Gallery is an established Kimberley art gallery located in the heart of Broome’s iconic Chinatown precinct. More than simply a gallery, the business holds the exclusive commercial rights to reproduce and market the Kimberley artwork of renowned artist James Down — a licence that is difficult to replicate and provides a significant competitive advantage within the Kimberley tourism market.

The gallery showcases James Down’s artwork alongside carefully selected works from other respected Kimberley artists, and produces an established range of exclusive products for both in-store and online sales via its Shopify website (included in the sale).

The business is offered for sale solely due to the owners relocating following a serious family medical diagnosis. It continues to operate normally and is offered as a genuine walk-in, walk-out opportunity.

• Exclusive commercial licence to reproduce and market James Down’s Kimberley artwork
• Fully operational commercial production equipment included (HP Latex & DesignJet printers, framing and canvas equipment) — no prior printing experience required
• Established e-commerce website, domain, digital assets and social media included
• Approx. 135 m² retail, production and storage space in Broome’s Chinatown precinct
• Annual rent approx. $85K ex GST, tenant responsible for electricity only, no additional outgoings
• Strong growth potential through tourism, cruise ship visitation, online sales expansion and new product development

Stock is additional to the purchase price and will be valued at wholesale cost via stocktake prior to settlement. Expressions of interest are invited from genuine purchasers, with further financial and licensing details available upon execution of a Confidentiality Agreement.

PRICE: $200,000 (Including GST)