Sold. Stylish Art Gallery Specialising In Contemporary Paintings And Sculpture

Stylish Art Gallery specialising in Contemporary Paintings and Sculpture
Ref.AH132
Location Long Melford, Sudbury, Suffolk
Asking Price GBP 40,000
Opened approximately thirteen years ago, this is a very well established, well respected gallery specialising in a diverse and exciting range of contemporary paintings and sculpture in a broad variety of styles. The gallery displays art from a selection of artists, focussing on mainly traditional pieces, all of which are originals, at affordable prices. This is a well-organised business featuring artists that are successful and popular works of art that sell well.

Since its conception, this gallery has consistently performed well and has grown organically in turnover and sustained steady increase in gross profits. The gallery has an excellent reputation and is approached on a regular basis by many artists hoping to get their work exhibited.

Large, contemporary pieces, not easily found elsewhere, from regular artists who often have a keen following of collectors are the staple diet of this business, with prices ranging from as little as GBP150 for the smaller pieces through to GBP7,500 for the larger pieces from more established artists. Almost all pieces are carried on a sale or return basis with the gallery receiving a sizeable commission on sale.

Expansion Potential
One of the joys of owning an art gallery is the ability to recognise and promote new talents. The gallery has a web site which showcases works available, the current owner feels that much more could be made of the internet and electronic marketing and that only a fraction of its potential is being harnessed to market and promote the gallery. It is felt that the businesses online presence could be enhanced further through use of social media such as Facebook, Linked-in, Twitter and the like.

Equally, more could be made of PR and advertising opportunities, which abound in the art world, as well as gallery exhibitions, which could be held more frequently that at present with the availability of additional, dedicated resources. Attendance at art fairs and pop-up exhibitions in London could also present lucrative opportunities.

Market / Competition / Non-Competition Agreements
The database of prospective and existing clients comprising corporate buyers, private collectors, art consultants and interior designers are the foundation of the marketing that is undertaken for the gallery. The business has an attractively designed and easy to navigate web-site to maximise awareness and showcase the gallery.

By far the most effective form of marketing for the business however is the strong word of mouth recommendations and referrals it receives from very satisfied clients, testimony to the high level of regard the gallery has built within the industry and its excellent reputation for good quality contemporary art.