Iconic Art Gallery for Sale

Kamuela, HI

Seller Financing Available

listing image
Asking Price:$450,000
Gross Revenue:$708,531
Rent:$5,500/Month
Established Year:1984
Cash Flow:$205,000
Inventory:$230,000
FF&E:$19,040
BUSINESS DESCRIPTION

A legacy of fine art in Waimea

Discover a rare opportunity to own one of Waimea’s most iconic businesses, an established art gallery that has been a cherished part of the community since 1984. Located in a prime spot for nearly 40 years, this renowned gallery showcases an extraordinary range of artwork that captures the culture and spirit of Hawaii and the Pacific Islands. Representing over 200 local artists, the gallery features a diverse collection of sculptures, jewelry, paintings, photographs, and rare wood creations such as Koa and Mango, along with prized Ni’ihau shell leis. The gallery’s offerings extend beyond Hawaii, including pieces from Bali, Fiji, Tonga, Samoa, New Zealand, and other parts of Polynesia, making it a must-visit destination for collectors and art lovers alike.

With average annual sales of $650,000 over the past five years and zero dollars spent on advertising, the gallery’s stellar reputation and loyal customer base speak for themselves. The sale includes a substantial amount of both owned and consigned inventory, filling the space with unique and valuable pieces, as well as rare, custom-made display cases that are works of art in their own right. The seller is offering flexible financing options with a reasonable down payment, subject to the buyer’s creditworthiness, experience, and character.

This is more than just a business—it’s a chance to own a piece of Waimea’s history and become a part of its vibrant art scene.
Don’t miss this incredible opportunity to step into the rewarding world of art and carry on the legacy of this prestigious gallery.
For inquiries and to learn more, contact us today!

• open to offering partial seller financing with a fair down payment, considered on a case-by-case basis at the seller’s discretion. The “reasonable” amount will be determined based on factors like individual merits, creditworthiness, industry experience, and character.

• Once an NDA is signed and a basic Buyer Profile is completed, we’ll provide a complete list of assets included in the sale. Full books, records, and audited financials are available at our office and will be promptly shared with the buyer during the due diligence period after an accepted offer—or during an in-person visit as a sign of good faith from a serious buyer. We appreciate your understanding, as we cannot make exceptions due to the sensitive and proprietary nature of this information.


ATTACHED DOCUMENTS
NDA.docx Download

DETAILED INFORMATION
Location
Kamuela, HI
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,388
Lease Expiration
31/07/2025
Employees
3
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The 1,388 sq. ft. showroom is fully stocked and features easy access, along with plentiful free parking for customers. The business has been operating in the same location for over 40 years, building a strong and loyal customer base.The showroom features an impressive inventory valued at approximately $.5M (wholesale), including an exquisite collection of furniture, art, décor, and collectibles. Additionally, the sale includes high-quality, custom display cases, which are not only practical but are also unique works of art, adding to the aesthetic value.
Growth & Expansion
1. Introduce a custom picture framing service to attract new clientele and provide an additional revenue stream 2. Host art exhibitions and shows to increase foot traffic and engage the local art community. 3. Implement a targeted advertising and marketing campaign, including establishing a strong presence on social media platforms. 4. Offer art classes led by local artists, creating unique experiences and building stronger connections with the community.
Financing
Partial Seller financing offered with a reasonable down payment.
Support & Training
The current owners, a husband-and-wife team, will offer 30 days of comprehensive training, sharing valuable industry expertise and insights. They will also assist in introducing the new owner to established relationships with artists, ensuring a smooth transition. This hands-on guidance and network of connections provide a significant advantage for the new owner.
Reason for Selling
The owner is facing health challenges and after 45 years, is ready to retire.
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Mark
Chesler
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Mark Chesler