Price: $1,100,000
Location: Reno, NV
Industry: Other Retail
Listing ID: RETART
Listing Status: Sold
Buy more than a business, buy a destination marketplace that creatives and artists travel to from all over Northern Nevada, Northern California and beyond. This business has been providing products and services to one of the fastest growing areas in the west since 1969 and is part of an art scene that includes such notable international events as Burning Man, Reno Tahoe International Art Show and the Coeur d'Alene Art Auction.
This business has a dedicated client base that 'LOVES' this store. It is a one-of-a kind business that has earned its following by curating one of the best selections of art supplies and art tools that is available within hundreds of miles. These are products users like to buy in person. Added services such as picture framing, art reproduction, large format printing, an art gallery and a classroom keep our existing customers coming into the store and attract people new to the area. We also provide services and products to local businesses, schools and government entities.
Add to this a selection of laugh out loud gifts and creative toys for kids and you have a business that has a proven track record of success. This is business regularly holds events that attract 50-200 people in a single evening. And the gallery draws around 400 people per month just to see the rotating display of local talent.
This business offers another benefit, it is a fun, family friendly and creative place to work. Every aspect of this business offers opportunities to express your creative side. We help our customers achieve their creative vision. This makes for a very satisfying work environment and a fan base that values and supports the business year after year.
From a Business perspective, Northern Nevada is highly regarded as a pro-business, low-tax environment that appeals to a wide range of business and industry. With no personal, corporate, franchise, estate, inheritance, or inventory tax, it's no wonder that Nevada ranks #3 Most Business Friendly Tax Climate.
Total Sales: $1,168,166
Cash Flow: $311,737
FFE: $120,405
Inventory: $185,000