Location: Boca Raton, Florida
Capital requirement to open, plus first year costs: $100,000
Investment: $20,000 for 10% total ownership interest up to 50% ownership
available.
ROI: Investors allocated 80% of all profits until capital recouped, then
share respective percentage of profits based upon ownership
thereafter.
Fixed costs projected (estimated average based upon available spaces):
Space rent:
$3800.00
Other costs:
$1000.00
Monthly costs:
$4800.00
Projected revenue range $10,000 to $250,000 per month.
Product line: fine art collectables, contemporary art, paintings, lighting,
frames, graphics.
Graphic arts include digital printing of photographs and/or customer
artworks for fees.
Optional Exit: Investment conversion to Promissory Note at 10% interest
after one year,
Optional Use of Retail Space: Conversion of retail space to another
business use.
Management: Bill Myers - Art Dealer since 1972, Former Beverly Hills
Gallery Owner,
Formerly with Wally Findlay Galleries International - 130 year old company
in New York, Chicago, Beverly Hills, Paris, Palm Beach.
For more information contact Bill Myers
1-800-927-2949