EXTREMELY IMPORTANT GLOBALLY RECOGNIZED FINE ART DEALERSHIP IN NEW YORK CITY AND FLORIDA
(FINE ART GALLERIES AND CONSULTING, FINE ART)
NEW YORK, NEW YORK, FLORIDA
Listed Price: $ 6,000,000
Listing ID: XCNY111071
Listing DetailsCash Flow: $ 1,200,000
Form of Ownership: LLC
Terms and Conditions: NEGOTIABLE
Reason for Sale:
RETIREMENT- SELLER WILL STAY ON AS A CONSULTANT
Training & Support:
COMPLETE TRAINING, ALL INTRODUCTIONS AND SUPPORT INCLUDED IN THE SALE.
Listing SummaryBusiness Description:
A MAJOR GLOBAL LEADING FINE ART DEALER IS RETIRING.
Rarely does an opportunity like this come along.
The Company was founded in 1975 and quickly became one of the leading Fine Art establishments in New York.
The Owner is an important figure in the art world whose special vision integrates a remarkable selection of cutting edge contemporary art as well as modern masterpieces.
As a member of the prestigious Art Dealers’ Association of America, she is also a world renowned expert on Henry Moore and Lynn Chadwick among many other international artists.
She has advised and consulted with many important private collectors, museums and institutions around the world.
Several years ago, the gallery moved from its 57th street location to a private space designed to showcase art within the intimate context of an art deco inspired residence.
Among the many artists represented are Lynn Chadwick, Willem De Kooning, Jean Dubuffet, Sam Francis, Alex Katz, Fernand Léger, Joan Miró, Henry Moore, Robert Rauschenberg, James Rosenquist, and Tom Wesselman.
The owner also works with some of the most important contemporary Asian artists with an emphasis on Chinese artists including Wang Guangyi, Feng Zhengjie, Lin Tianmiao, Wang Keping, Zhang Huan, Zhang Dali and the Luo Brothers among others.
The Company has exhibited at many of the most established American art fairs including Art Chicago, Art of the 20th Century (New York), Palm Beach Art and Antiques Fair, the ADAA Art Show, and the Asian Contemporary Fair.
In addition, the Owner travels worldwide to find new and unique works of art to offer to her clients and also attends international art fairs such as Basel and Foire Internationale d’Art Contemporain (FIAC).
The Owner also can incorporate her knowledge of interior design to enhance the placement and hanging of art in order to create a well integrated and exciting environment in which to enjoy the art.
The Owner is happy to assist a New Owner in selecting space for a new gallery, if desired, help design and decorate the space as well as help by consulting on any future FineArt purchases or Representations.
MEMBERSHIPS:
ADAA- (the most prestigious Art Association)
ART DEALERS ASSOCIATION FAIR AT THE 66TH STREET ARMORY IN NEW YORK
ARTNET.COM
NYFA ( New York Foundation for the Arts)
HARMONY CLUB
A COMPANY OWNED WEBSITE
Historical Summary:
This Owner Has been a World recognized and renowned Fine Art Dealer since 1975 and everyone in the Global Fine Art World knows her.
She is looking forward to helping the next owner successfully continue the Legacy that she has created over the years.
Owner Qualifications:
This business requres someone who is familiar with, or interested in, 20th Century Fine Art History and Appreciation and either has been in the field or desires to become involved in addition to the eccessary financial qualifications.
Competition:
While there are many Fine Art dealers in the world, it is rare to be able to acquire a business with this kind of industry recognition.
There is a Huge opportunity to Grow this Business as large as one desires and the Owner is only to happy to help on a consulting basis.
Potential Growth:
Totally Unlimited
LocationFacilities:
THE BUSINESS IS CURRENTLY BASED IN AN IMPORTANT PARK AVENUE CONDOMINIUM.
THE NEW OWNER CAN EITHER OPEN A NEW GALLERY IN NEW YORK CITY, (THE CURRENT OWNER WILL HELP WITH THE ACQUISITION, DESIGN AND LOCATION) OR WORK FROM ANY DESIRED SPACE.
OperationYear Established: 1975
Absentee Owner: No