How much does it cost to open an art gallery?
October 20th, 2008
Snoopy K asked:
The art gallery would mainly sell prints, posters, and some origional oil paintings. I am thinking of renting a store in the mall.
Other than monthly rent what other expenses are and how much?
The art gallery would mainly sell prints, posters, and some origional oil paintings. I am thinking of renting a store in the mall.
Other than monthly rent what other expenses are and how much?
Nothing …just sit out of the way on a side-walk and sit beside ‘your’ ”art” …or take ‘your’ art to a public park’ and watch the interest and have pamflets to ‘your’ next viewing at an art gallery….
As they say:” If you are asking is because you can not afford…..”
A very important resource if you are interested in starting an art gallery is Art Business News . This is the trade magazine for the art business, and you can find loads of helpful information from this excellent publication. I am getting a free copies of this mag, so check if you can also get one (I think a year’s subscription is around $149)
The cost of starting your own gallery would include:
- Rental
- Leasehold improvements
- Utilities
- Equipment (burglar alarm system, credit card terminals, etc)
- Initial marketing (pre-launch, launching, etc.)
- Furniture
- Inventory
Other resources that may be helpful to you:
How to Become an Art Gallery Owner
Opening an Art Gallery