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Art Gallery Business Valuation Formula: |
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This is a general business valuation formula or method for established Art Gallery businesses based on a percentage of annual gross revenues that can be used to help determine an approximate value and asking price to market an existing Art Gallery | |
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Broker Comments: Its been my experience as a Business Broker in the Arizona market that art galleries can be very challenging to sell for a number of reasons. This includes lease issues, the discretionary and fickle nature of Art purchases, and the fact that often a lot of the inventory in a gallery may be on consignment. In my opinion art galleries are also very susceptible to economic downturns or a recession. |
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Are you thinking about selling an established Art Gallery? Go here to request a free and no obligation preliminary appraisal consultation from a professional appraiser. | |
Note: Always contact and consult with a Business Broker, Business Appraiser, or financial adviser who is familiar with the dynamics of your local market and economy because conditions for establishing an asking price for a coffee house business can vary based on a wide variety of factors and local conditions. | |