Art Gallery / Frameshop
Location Hawaii,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $620000
Net Profit / Cash Flow $620000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1997
Number of Employees 6 - 9
Inventory 100000
Relocatable No
Number of Employees 6 - 9
Real Estate Owned
Training Yes.
Reason for Sale Retirement.
Description 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.
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