Island Art Gallery

$225,000

  • Cash Flow
    $92,000
  • Gross revenue
    $614,842
  • Owner financing
    Yes
  • FF & E
    $25,468 (included in price)
  • Inventory
    $53,000 (included in price)

Located on the beautiful island of Lanai in a stand alone building. Featuring award winning artist Mike Carroll and over 25 local artist with fantastic art, gallery wrapped canvas giclee prints for larger spaces, limited edition prints, ready to frame prints, artisan wood crafts, original oil paintings, jig saw puzzles, gift cards, jewelry and more. Sizes available range from 8”x10” to 20”x24” and up. Offering hand crafted Hawaiian koa wood frames for fine art and plein air frames or gallery wrapping for canvas prints. Another potential source of income is providing corporate amenities or pop-up gallery opportunities at the Four Seasons resort (the current owner has done so for the past 20+years). The beautiful website tells the story of great island art and makes it easy to purchase. The stand alone building looks out on the towering Cook Pines in Dole Park, in the heart of Lanai City.

Property

  • Property included
    No
  • Monthly rent
    $2,402
  • Lease expiration
    December 2030
  • Size
    1,488 ft²

Approximately 1,488 square feet. Rent; $2,401.63 includes CAM. Term ending December 31, 2025 with the option to extend 5-years (2030).

Location

  • State
    Hawaii

  • City
    Lanai City

Additional Information

  • Employees
    2 part time

  • Business created in
    2002

Verifications Provided

  • 2+ Years in Business

The information on this listing has been provided by either the seller or a business broker representing the seller. Easybizsale has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness.
See our full Terms & Conditions.