Art Gallery / Frameshop
Location:
United States
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Hawaii
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Kaneohe
Industry: Entertainment and Leisure > Art Galleries and Museums
Business Summary
Successful Art Gallery and Frameshop in beautiful Hawaii on the Windward side of Oahu. Located on the only road around the island in a highly visable 2 story building with murals on 2 sides to attract tourists and locals. Ten years of positive growth (20% per year for the last 3 years!) Gross $620k in 2006. Price includes 7,500 sq ft building with a 3 bdrm apt and art studios. The gallery occupies 4,000 sq ft. The apt is 1,000 sq ft. The remainder is rented out to artists...and the local Doctor as a clinic. The business is highly profitable even with a full staff to handle all the picture framing and art sales. Operate as an absentee owner or live and work on site. This is a very unique property, the only one of it's kind in hawaii. There are no comps to this unique business. The building is a local landmark and has a great reputation as a community friendly business and is a favorite stop for locals and returning visitors. All financials current and above board. A great opportunity for the right buyer or investor. Contact for more information on this Art Gallery / Frameshop for sale.
Financials
Asking Price Range: $1.0M - $2.5M
Gross Revenues:
$620,000
Cash Flow:
$620,000
Cash Flow Type: Sellers Discretionary Cash
Inventory: $100,000
Seller Financing: No
About The Business
Year Established: 1997
Number of Employees: 6 - 9
Relocatable: No
Franchise: No
Current Real Estate: Owned
Property: Property For Sale
About The Sale
Management Training and Support: Yes.
Reason For Selling: Retirement.
Photos
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Click on the "I'm Interested" button above for more information on this Entertainment and Leisure > Art Galleries and Museums business for sale.
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Print Listing Id: 70066821
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