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Art Gallery Seeking Loan in Doha, Qatar

Seeking loan: Art gallery with sculptures, paintings, art classes, and successful collaborations with FIFA.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 82 thousand
Run Rate Sales USD 82 thousand
EBITDA Margin 11 %
Industries Art Galleries
Locations  Doha
Local Time 12:53 PM Asia / Qatar
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 27.4 thousand for 9.0% annual interest, 2 years (Native Currency: QAR 100,000)
Reason: We have recently initiated our business and are keen to promote it to all educational institutions i... View More
Collateral Available: USD 55 thousand
Includes physical assets worth USD 55 thousand
Interested to connect with advisors
Name, Phone, Email
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Business Name
Available after connect
User Verification
Documents
Commercial Permit
Business Overview
- We offer sculpture flower art workshops in both our showroom and educational institutions.
- Sculptures created in our workshops are crafted from wood and have dimensions of 3 meters by 3 meters.
- We have established partnerships with event management agencies, including a successful collaboration with FIFA.
- Our clientele includes sales to more than 5 hotels and event management companies.
- We cater to both B2B and B2C markets.
- Currently, we have 10-15 clients enrolled in our teaching programs.
- We are in the process of collaborating with agencies to introduce our workshops in schools, pending permit approval.
- Our revenue is generated primarily from teaching, accounting for 60%, while sculptures contribute the remaining 40%.
- Our assets are primarily paintings and sculptures i. e. illiquid, hence we require financial support to expand our business.
Products & Services Overview
- Our business focuses on offering art classes and selling sculptures and flower paintings.
- Our product offerings include sculptures and paintings.
- Additionally, we provide art education services through our classes.
- Sculptures primarily cater to clients in the hospitality and event management industries.
- Our teaching services are designed for both adults and children.
Assets Overview
Assets:
Insurance worth QAR 400,000.
Inventory, which includes sculptures.
Furniture and fixtures.
Facilities Overview
- Rented a 135-square-meter art gallery.
- Monthly rental cost is QAR 22,000.
Capitalization Overview
- We possess a loan of 40,000 QAR.
- Our ownership is divided among two shareholders.
- The Qatar government holds a majority stake of 51%.
- The remaining 49% is split between the two shareholders, with 24-25% split.
Recent Activity
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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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