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T Clifton Art Gallery
Summary
T Clifton Art Gallery is an art gallery located at 2571 Broad Avenue that has experienced at least a 25% drop in revenue as a result of COVID-19. The gallery had to close its storefront March 24th. Now operating as a virtual gallery. Corporate projects have been postponed until July. Reduced their only part time employee’s hours down to zero and both owners are not able to take a salary.Stabilization and Recovery Plan:
• Landlord agreed to reduce rent by 50% for April and May
• Will provide PPE for employees and customers
• Launching holiday marketing campaign in late July
• Applied for EIDL
NEED Grant funds will be used to for rent, utilities, salaries and general expenses.
Financing Amount:
$6,000
Projected Total Jobs:
Not applicable
Total Investment:
Not applicable