Summary
Opportunity to acquire art/retail gallery in the heart of Kuranda, established 20 years ago. Perfectly positioned to capture the steady flow of international, interstate tourists as well as locals.
Location Details
15 Therwine street
Nestled in the rainforest TNQ, Kuranda attracts over 800,000 visitors annually. This world-renowned tourist destination is famous for its scenic railway journey, Skyrail and other attractions. Kuranda benefits from year-round tourism and locals.
Potential
The versatile retail space offers excellent potential for business expansion or integration into a thriving tourist market. The unique building and prime location provide an ideal platform for introducing complementary business. The spacious building layout could easily accommodate:
A boutique café or wine bar / Artist workshop space or studio / Exhibition gallery combined with retail / Integration of existing art-related businesses / Online sales expansion
It's a life stile opportunity, which can be run by a couple.
Skills
Retail experience would be an advantage and also interest in all kind of art.
Hours
Working hours and opening days depend on season approx 9.30 - 3.30, 5-7 days a week.
Lease
Lease ends November 2027 with renewal possibility for 3 x 3 years. Landlord was very supporting during the pandemic.
Employees
Can be run by a couple
Reason for Sale
The owners like to sale because of retirement and family commitment.
About the Business
Currently offering a diversified collection that includes both local, Australian and international artists, this gallery has become a destination in itself for art enthusiasts and tourists seeking authentic Australian art experiences.
The gallery's position in Kuranda, combined with its spacious retail space, provides the perfect platform for future growth and expansion opportunities. With tourism numbers steadily growing post-pandemic and major infrastructure investments in the region, Kuranda continues to strengthen its position as a must-visit destination in Tropical North Queensland.
Business Highlights
- Large shop frontage with a wide porch which enable a good foot traffic the whole year
- Prime location in Kuranda's main tourist precinct
- Diverse inventory featuring local, Australian, and international artworks
- Strong relationships with artists built over two decades
- all shop fittings, furnitures
- Business name, Domain name, Webpage with online shop (Woo-Commerce)
- Facebook & Instagram
- all supplial contacts
- lease
- Proven track record of success since 2004
Option: Framing workshop (details can be discussed)
Framing equipment (manual table mat cutter, manual wall cutter for mat and glass, man.
guilloatine, pneumatic under-pinner, pneum. hand stapler, oil free new compressor )
computerised mat cutter
laser/engraver
shrink wrap system
diverse tables, storage shelves
stock (prints, framing material, moulds, mat foam boards)
training for framing (only locally)
all contacts of suppliers
Note: For framing you need your own workspace approx 6 x 9m
History
Established twenty years ago and is running since 2010 by the current owners couple. The customer base is diverse and based on locals, interstates and international tourists. Because of this diversity a constant turnover is guaranteed.
A sneak peak of the Gallery can be watched at www.terranovagallery.com.au
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