Kauai Gift Shop/Art Gallery

Not Disclosed, HI
Kauai County


Asking Price: Annual Revenue:
$750,000 $1,653,751

Retail: Florists, Gifts, Cards, Books


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RE: Kauai Gift Shop/Art Gallery Broker: Jim Mayfield

Quick Facts

Asking Price: $750,000
Annual Revenue: $1,653,751
Net Profit: Not Disclosed
Cash Flow: $367,000
Total Debt: Not Disclosed
FF&E: $90,000
Real Estate: Not Disclosed
Year Established: 1991
Employees: 14
BBN Listing #: 829048018
Broker Reference #: Not Disclosed

Email or Print Listing

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Business Overview:

Profitable, high volume, long established, art gallery and gift shop on the beautiful garden island of Kauai for sale. Excellent online store and wholesale presence helped the business reposition themselves for higher remote sales through the pandemic. 2 month discretionary earnings at $367,000 and rising as we move away from the lock-down period. Business comes with knowledgeable, reliable, team of employees. Owner willing to assist new buyer through transition and training. Additional option is the purchase of the fee simple real estate which includes residential rental unit income at the value established by a 3rd party independent bank chosen MAI appraiser.

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Property Features and Assets:

Newly renovated location attracting a substantial amount of tourism. Additional information for property improvements available from broker.

Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Documents:

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