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Minnesota
Contemporary African Art Retail Gallery
Asking Price
$4,000,000
Revenue
Call/Email
Down
$4,000,000
Cash Flow
Call/Email
Name: Todd Dyste
Name
Todd Dyste
Description
Macro Market Dynamics
Global African Art Market Expansion
The African art market (modern & contemporary) has grown ~11–15% CAGR since 2018, according to Art Basel & ArtTactic.
Total global African art sales exceeded $180M in 2024, with top lots from West Africa and Zimbabwe leading sculpture categories.
Shona sculpture remains the dominant form of three-dimensional African contemporary art — prized for its durability, spiritual depth, and artistry.
U.S. & EU Collector Interest Rising
Museum exhibitions like “Sculpting the Spirit: Zimbabwe Stone Art” (Smithsonian 2023) and Chapungu at Kew Gardens renewed Western interest.
Younger collectors (30–50) view African art as an underpriced investment class relative to Western contemporary sculpture.
https://tworld.com/locations/Minnesota/northstar/listings/Contemporary-African-Art-Retail-Gallery
Business Details
Year Established:
1986
Employees:
0
FE&E:
$50,000
Reason for sale:
Health
Lease & Tenant Information
Lease Options:
N/A
Other Information
Listing Number:
17441-622158
Inventory:
$1,800,000
Posting Information
Posting ID:
ID tw:87058 / Listing Number 17441-622158
Business Category:
Art
Keywords:
Transworld
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Please complete the form below to request the NDA for this listing. The broker will review your request and send the NDA for you to sign.
Posting Title
Contemporary African Art Retail Gallery
Posting ID
#*4f25b71bf80b1ae3c9631c81a097d24c*87058
Full Name (Required)
Email (Required)
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NDA Signed Successfully!
Your NDA has been signed and submitted. The broker will review and countersign it. Once complete, you will receive access to confidential business details.
Agent, Broker or Seller Contact
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