This unique Salt Lake Valley retailer offers both original art and home furnishings as well as refinished/repurposed vintage items. The business does not own any inventory, nor does it have any employees, other than the owners.
The merchandise for sale in the store is actually owned by independent artists who rent showroom floor square footage to display their own products. The products range from vintage furniture bought and refinished by the artist to new home decor chosen by the artist for resale. The artists pay the business a monthly rent based on the amount of showroom space they lease, as well as percentage of each sale of their merchandise.
Each displaying artist also is required to work in the store at least one day a week and one weekend a month, assisting customers as a retail sales associate. They are not paid for working their shift and so the business itself does not have any employees nor payroll expense. One of the current owners happens to be one of the displaying artists, but this would not be a requirement for a new owner. However, for someone who has artistic abilities and an interest in this kind of work, a new owner could increase the amount of space they use for their work and increase the amount of income generated as an artist.
With no capital investment in inventory and no employees being required, this business model is ideal for someone who has an interest in replicating the store in multiple locations. Asking price is $150,000 and some seller financing is available for a qualified buyer.