Art Gallery for Sale in Dubai, United Arab Emirates
For Sale: Unique canvas and decorative art business with no overhead expenses based in Dubai.
This transaction has concluded.
Premium Plan
| Established | 1-5 year(s) |
| Employees | < 2 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 600 thousand |
| Run Rate Sales | USD 600 thousand |
| EBITDA Margin | 22 % |
| Industries | Art Galleries + 1 more |
| Locations | Dubai |
| Local Time | 2:46 PM Europe / Amsterdam |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
213 thousand
(Native Currency: EUR 185,000)
Reason: - As our main business is in need of a capital injection we have decided to sell this business.
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Business Overview
- This is a modern, unique and stylish business with unlimited potential.
- We design canvas art and outsource the production & logistics with a third party supplier.
- We have two freelance designers working with us and we pay them a one time fee between USD 30-USD 50 per design.
- With the current interior trend and our wide range of designs, there is a complimenting piece of art for every household.
- We have more than 8,000 customers, 11,000 email subscribers, 16,500 Instagram followers and 2,000 Facebook followers.
- Have built ourselves an outstanding and well known brand continuing to grow day by day.
- Our online shop was founded two years ago and we have accomplished a lot ever since the beginning.
- Last year we had an average order value of USD 205, returning customer rate of 9.06% and a conversion rate of 0.61%. This year we have an average order value of USD 237, returning customer rate of 9.98% and a conversion rate of 0.37%.
- With the use of the print-on-demand business model from one amazing supplier, the processing of orders and communication goes smooth, easily and automatically.
- This great business model allows us to test multiple designs without the need of big investments for buying stock.
- We do not hold any stock and every order is shipped out from our supplier directly to our customer on our behalf.
- Supplying firm is a global company with 10 facilities worldwide.
- Our top countries include United States, United Kingdom, Mexico, Canada and Australia.
- We run minimum Facebook and Google advertising, so there is plenty of growth opportunities within the online marketing and advertising channels like Pinterest, TikTok & Snapchat.
- Growth could also come from B2B marketplaces, influencer marketing & SEO.
- Company is solely owned by the promoter and we do not have any outstanding bank loans/debt.
- Promoter has 4 years of experience in the ecommerce field and currently is travelling outside Dubai for a vacation.
- With summer just around the corner and a lot of happy customers, we are completely up to date. This healthy and profitable store and its endless potential is ready for its new owner.
- We design canvas art and outsource the production & logistics with a third party supplier.
- We have two freelance designers working with us and we pay them a one time fee between USD 30-USD 50 per design.
- With the current interior trend and our wide range of designs, there is a complimenting piece of art for every household.
- We have more than 8,000 customers, 11,000 email subscribers, 16,500 Instagram followers and 2,000 Facebook followers.
- Have built ourselves an outstanding and well known brand continuing to grow day by day.
- Our online shop was founded two years ago and we have accomplished a lot ever since the beginning.
- Last year we had an average order value of USD 205, returning customer rate of 9.06% and a conversion rate of 0.61%. This year we have an average order value of USD 237, returning customer rate of 9.98% and a conversion rate of 0.37%.
- With the use of the print-on-demand business model from one amazing supplier, the processing of orders and communication goes smooth, easily and automatically.
- This great business model allows us to test multiple designs without the need of big investments for buying stock.
- We do not hold any stock and every order is shipped out from our supplier directly to our customer on our behalf.
- Supplying firm is a global company with 10 facilities worldwide.
- Our top countries include United States, United Kingdom, Mexico, Canada and Australia.
- We run minimum Facebook and Google advertising, so there is plenty of growth opportunities within the online marketing and advertising channels like Pinterest, TikTok & Snapchat.
- Growth could also come from B2B marketplaces, influencer marketing & SEO.
- Company is solely owned by the promoter and we do not have any outstanding bank loans/debt.
- Promoter has 4 years of experience in the ecommerce field and currently is travelling outside Dubai for a vacation.
- With summer just around the corner and a lot of happy customers, we are completely up to date. This healthy and profitable store and its endless potential is ready for its new owner.
Products & Services Overview
We sell canvas art, wall art, premium art and art decorations.
Assets Overview
We do not have any physical assets, intangible assets include optimized website, social media pages, multiple domain names, Facebook advertising account, Google advertising account, supplier contracts, graphic designer contact details, content logos and photos, customer list, email list, goodwill and Influencer list.
Facilities Overview
This business is run online with no requirement of any physical buildings.
Capitalization Overview
Not Disclosed
Recent Activity
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Earlier than 15 daysGeneral Manager, Commercial Laundry, Dubai, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysHead Of Marketing, Technology, Dubai, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysOwner, Ecommerce Websites, Kuala Lumpur, Individual Investor / Buyer connected with the Business
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