I am possibly crazy, but I am exploring the idea of buying a store
in our downtown. I looked at two today. The one I love will
unfortunately cost way to much to renovate. It is a wonderful 3
story old building with the original tin ceilings…and a roof that
is about to fall in, which has in turn caused the third floor to rot
to the point that it is about to fall through to the ground floor.
Sigh. WAY too much money and trouble.
The other store is in pretty good shape, good roof, slightly better
location, smaller but still a workable size.
I would love feedback, ideas, thoughts, experiences from the list as
I consider this!
What I am looking at doing is having a co-op gallery space in front,
with an open workshop area for multiple media behind it, and a
dedicated jewelry studio in the somewhat separate space behind that.
I don’t think an artisan jewelry shop would be financially viable
here, but I do think a good co-op gallery with a range of work, plus
workshops, would do well. I’m also playing with the idea of setting
up part of the retail space as a bead shop - there aren’t any in a
range of several counties, and there are lots of hobby beaders…so
this seems like a way to make a bit more income.
So - thoughts? Warnings? Do’s and don’ts?