Art Gallery for Sale in Dubai, United Arab Emirates
Art gallery and online marketplace for buying and selling artworks with 30+ vendors.
This transaction has concluded.
Premium Plan
| Established | 1-5 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 60 - 70 thousand |
| Run Rate Sales | USD 65 thousand |
| EBITDA Margin | 23 % |
| Industries | Art Galleries + 1 more |
| Locations | Dubai |
| Local Time | 11:01 PM Asia / Dubai |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
38 thousand
(Native Currency: AED 140,000)
Reason: The owner does not have time to manage any more due to other business's needs.
Includes physical assets worth
USD
16.3 thousand
Interested to connect with advisors
Documents
Business Overview
- The art gallery was established in 2021 and has a valid trade license and Dubai tourism cultural events permit.
- We also have an online marketplace with 30+ vendors.
- Fine art sales from clients generate 200,000 AED per year and we charge a 20% commission on sales.
- Gallery space rental generates 80,000 AED per year.
- We also host exhibitions in our gallery that provide an additional source of income.
- Accounts are up to date and available to be viewed.
- We have in-house marketing and a photographer (1 employee)
- Our website uses a 3rd party SEO and maintenance.
- The company is located in a mall and has a low rent deal with the mall.
- We have all the equipment required for hanging and displaying art & furnishings for events and have a CCTV facility.
- A full list of clients' contact information and B2B contacts are available.
- We have partnered with FedEx business for deliveries and shipments.
- Company has good arrangements with the prints and framing company.
- Business has one owner with a 100% stake in the company and no outstanding liabilities.
- We also have an online marketplace with 30+ vendors.
- Fine art sales from clients generate 200,000 AED per year and we charge a 20% commission on sales.
- Gallery space rental generates 80,000 AED per year.
- We also host exhibitions in our gallery that provide an additional source of income.
- Accounts are up to date and available to be viewed.
- We have in-house marketing and a photographer (1 employee)
- Our website uses a 3rd party SEO and maintenance.
- The company is located in a mall and has a low rent deal with the mall.
- We have all the equipment required for hanging and displaying art & furnishings for events and have a CCTV facility.
- A full list of clients' contact information and B2B contacts are available.
- We have partnered with FedEx business for deliveries and shipments.
- Company has good arrangements with the prints and framing company.
- Business has one owner with a 100% stake in the company and no outstanding liabilities.
Products & Services Overview
Services:Collecting products from an artist's studio or gallery and shipping any artwork worldwide - paid by the buyer.
Professionally representing artists and artwork through:
The online marketplace where we receive 20% commission on any sale.
The physical gallery with a current proposal for zone rental for long periods of time.
Plan or coordinate with event planners or B2B instances to host events inside the gallery.
Offer artists the possibility of renting studio space within the gallery.
Commissioning and brokering deals between buyers and artists, managing time frame budgets, and progress updates.
Offering both buyers and artists framing services from trusted vendors, usually with 50%-200% markup.
Offering buyers the option to buy a fine (wall) art piece as a high-quality print. 30-40% commission on sale after manufacturing and delivery costs.
Doing professional photography of artists' work.
Assets Overview
Physical assets include gallery setup, equipment, and furniture.Intangible assets include an online active marketplace with 30+ vendors, business management software used, and a list of all clients' data.
Facilities Overview
We have a facility with an area of 850 sq ft on a rental basis. The monthly rent is 4,500 AED and the facility is situated as an arts center within the mall in the emirates. Sublease with daily cleaners, electricity, water, and marketing assistance from leaser included in rent.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysDirector, Co-Living Space, Raipur, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysCEO, Batteries Distributor, Moscow, Corporate Investor / Buyer connected with the Business
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