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Art Gallery Seeking Loan in Delhi, India

Seeking Business Loan: Company designs premium art sculptures using metal for hotels, residences, and airports.

Established 10-20 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 360 thousand
Run Rate Sales USD 400 thousand
EBITDA Margin 15 %
Industries Interior Design & Architecture + 1 more
Locations  Delhi
Local Time 3:29 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 120 thousand for 12.0% annual interest, 2 years (Native Currency: INR 10,000,000)
Reason: The proceeds from the business loan will be used for: - Funding our project for constructing brass ... View More
Collateral Available: USD 0
Includes physical assets worth USD 60 thousand
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Business Overview

- Our company is essentially a premium design company that creates exclusive sculptures using metal along with exquisite paintings from leading painters across India.

- Our clients are typically independent homeowners, apartment-owners, hotels, museums, corporate offices, airports, etc. A few of our previous clients include McKinsey office in Delhi, Radisson Bhopal, etc.

- We have recently received a project worth INR 1.15 crores for creating brass murals & sculptures at the Chennai Airport. The project is yet to begin and the payment will be received upon completion.

- We receive anywhere between 7 to 8 projects every month, and the majority of them are from independent homeowners. We charge our clients a one-time fee on the basis of the services they wish to avail. All the designs can be completely customized as per the clients' needs.

- At regular frequency, we conduct an art gallery experience at our premises where we invite our previous & potential clientele to view paintings from multiple artists across India. Clients can either purchase a ready-made painting or request one as per their specific requirements.

- All the paintings shown at the art gallery are purchased by us and we sell them by adding a percentage margin. The custom painting orders are outsourced from our network of painters.

- There is an even revenue-split between all our services.

- The pictures on the profile show a few sculptures that we had created for our clients over the years of operations.

- The company undertook a business loan of INR 25 lakh 6 months ago for which we are paying monthly EMI. The loan tenure is 3 years and the outstanding amount is close to INR 20 lakh. This is the only debt on the company. There are no other outstanding business loans, overdue, or defaults.

- The company has two directors and each owns 50 percent of the company. There are no outside investors or shareholders.

Products & Services Overview

Our services include:

- Exclusive custom-designed paintings & art gallery experience.

- Brass murals.

- Brass sculptures.

- Brass mandalas.

- Resin composite sculptures.

Assets Overview

Physical assets include:

- Paintings & artwork worth over INR 25 lakh.

- Interior fittings & furniture of the facility.

- Machinery & equipment to construct murals, sculptures, mandalas, etc.

- Laptops, computers, CCTV cameras, and other tech hardware.

Facilities Overview

- The business runs operations from a rented facility split between two floors with a cumulative area of 6,000 sq. ft.

- The premise is used as our office space, workshop, and state-of-the-art experience centre as an art gallery.

Capitalization Overview
Not Disclosed
Recent Activity
  • Earlier than 15 days
    Founder, Mumbai, Financial Consultant connected with the Business
  • Earlier than 15 days
    Independent Advisor, New Delhi, Financial Consultant connected with the Business
  • Earlier than 15 days
    Director, IT And Food, Dubai, Individual Investor / Buyer connected with the Business
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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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