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Art Gallery for Sale in Ajman, UAE

Handmade pottery business for homedecor and tableware with experienced designers and strong social media presence.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 98 thousand
Run Rate Sales USD 98 thousand
EBITDA Margin 40 %
Industries Art Galleries
Locations  Ajman
Local Time 9:14 AM Asia / Dubai
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 82 thousand (Native Currency: AED 300,000)
Reason: The promoter is a full-time employee in another company and does not have enough time to run the bus... View More
Includes physical assets worth USD 27 thousand
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Business Overview
- Have 2 in-house designers that are very talented and have 25 years and 18 years of experience, respectively.
- All our products are completely handcrafted. We sell some products with pre-made designs, but also specialize in custom-made collections as per client's requirement.
- We get the majority of the orders from Instagram, and receive orders from our webstore as well.
- Our clients include individuals, designers, architects, and coffee shops or restaurants.
- We source the raw materials (American and Spanish) from 2-3 local suppliers.
Products & Services Overview
Tableware is the top-selling product.
We design custom-made collections & lifestyle products that cater for hotels, restaurants, institutions, personal use, and anyone with a love for ceramics & stoneware. From the timeless home accessories to setting the tables and serving, every piece tells a different story of passion, elegance and beauty.
Assets Overview
Physical assets include kilns (similar to ovens), pottery wheel, rollers, furniture and tables, raw materials and the stock. The stock is around AED 160k, and the rest, AED 40k, is the equipment and furniture.
Intangible assets include the LLC entity with the license for cosmetic craft and sculptures. Instagram page with over 10k followers, and our own webstore.
Facilities Overview
Rented 200 sq mt facility in Al Jurf Industrial area, for AED 40,000 per year + AED 8k maintenance.
Capitalization Overview
Funded by a personal loan in the owner's name. Business itself is completely debt-free.
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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