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.
- Asking Price:
- $225,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $614,842
- Cash Flow:
- $92,000
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
Approximately 1,488 square feet. Rent; $2,401.63 includes CAM. Term ending December 31, 2025 with the option to extend 5-years (2030). A qualified buyer may negotiate a new lease.
- Leasehold Rent:
-
$28,820 per annum
- Location:
-
Maui County
- Premises Details:
-
Approximately 1,488 square feet. Rent; $2,401.63 includes CAM. Term ending
December 31, 2025 with the option to extend 5-years (2030).
- Size in square feet:
- 1,488
- Planning Consent:
-
Yes
Business Operation
- Employees:
- 2
- Years established:
- 2002
Other Information
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
The seller will finance $100K @ 5% over 4-years to a qualified buyer.
- Furniture / Fixtures value:
- $25,468 - included in the asking price
- Inventory / Stock value:
- $53,000 - included in the asking price
