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Art Gallery Seeking Loan in Hyderabad, India

Artist with presence in 200+ art exhibitions aims to build a digital presence to reach a global audience.

Established 5-10 year(s)
Employees < 2
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 6 thousand
Run Rate Sales Nil
EBITDA Margin 20 - 30 %
Industries Art Galleries
Locations  Hyderabad
Local Time 10:23 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 50 thousand for 10.0% annual interest, 3 years (Native Currency: INR 4,000,000)
Reason: The funds will be used by the business to build the artist's online presence by hiring digital marke... View More
Collateral Available: USD 1.2 thousand
Includes physical assets worth USD 1.2 thousand
Interested to connect with advisors
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Business Overview

- Well known artist selling oil and acrylic paintings through a proprietary firm.

- Have displayed paintings in more than 200+ art competitions and exhibitions.

- Currently supported and endorsed by the tourism secretary of the Telangana State Government.

- Have sold paintings to several HNIs including to KT Rama Rao, the Minister of IT for Telangana.

- Have sold over 50 paintings so far but sales have frozen since the COVID-19 pandemic broke out.

- Have been repeatedly commissioned by the Telangana State Government to paint art that is today displayed across several state government buildings and public spaces in Telangana.

- The average price of each painting is INR 3,00,000.

- The artist holds a bachelor's degree in fine arts and has been a professional painter since 2012.

- The artist has identified strong revenue potential in the global secondary art market and intends to capitalize on the opportunity by building a strong digital presence.

- This would allow the artist to list their art in global auction houses including Christie's auction.

Products & Services Overview

Contemporary oil and acrylic based canvas paintings.

Facilities Overview

Work rent free in an art studio that is owned by the Telangana State Government. In return, offer paintings to the state government.

Capitalization Overview
Not Disclosed
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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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