Hi All Yes I am undertaking the analysis of opening a gallery in a
small but affluent town in NJ. The Gallery will include paintings,
pottery, jewelry, fiber arts, handmade furniture, glass, &
“photo-collage”. I’m looking at 2 great buildings, 1st floor, 1100
sq’, center of town with modest traffic, no gallery like it for
miles etc… Is there someone out there that can help me estimate
sales and perhaps review my expenses worksheet. I’m finding the
expenses part easier than the sales estimate. Would someone be able
to share some data on their gallery sales, or average sales per
square foot??..monthly sales cycle. I have financing for 3 years
of rent & artists willing to let me sell their work on a 50 -50%
consignment basis (Bless these souls; but I’ll work my tail off to
sell).
Appreciative of any help. Thanks!
Debbie