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Art Gallery Seeking Loan in Kolkata, India

Kolkata-based online art store with global clientele and 200+ satisfied buyers, seeks funding for expansion.
This Business is on a Premium Plan
Established 20-30 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 233 thousand
Run Rate Sales USD 280 thousand
EBITDA Margin 20 %
Industries Art Galleries + 1 more
Locations  Kolkata
Local Time 9:38 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 117 thousand for 15.0% annual interest, 5 years (Native Currency: INR 10,000,000)
Reason: Seeking funds to expand our collection by procuring more artworks for our online art auction platfor... View More
Collateral Available: USD 0
Includes physical assets worth USD 192 thousand
Interested to connect with advisors
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Business Overview
- The business is an online auction house based in Kolkata, specializing in the sale of paintings and artworks.
- The company hosts websites dedicated to art, presenting an opportunity to reach art enthusiasts and collectors globally.
- The business boasts over 200 satisfied clients worldwide, highlighting its successful track record and established customer base.
- With three decades of experience, the promoter brings expertise and industry insights to the art sales business.
- Primary sales channels include the company’s websites, providing a streamlined platform for buyers to view and purchase artworks.
- Artworks are sourced from a vast network of artists and veteran art collectors across India, ensuring a diverse and rich collection.
- The company processes approximately 10 orders per month, indicating a steady flow of transactions.
- Registered with the Ministry of Corporate Affairs (MCA), the business is recognized as a legitimate entity within the marketplace.
Products & Services Overview
Curated selection of paintings, sculptures, and prints through its online auction platform, catering to collectors from around the world.
The websites serve as the primary sales channels, enabling art enthusiasts and seasoned buyers to browse and procure artworks.
Assets Overview
Physical assets include:
- Paintings valued at ~INR 1Cr.
- Own office property valued at ~ INR 65 lakhs.
Intangible assets include:
- Art websites.
- 25 years goodwill.
Facilities Overview
We currently own a 1,250 square foot space in Kolkata used for our office and storing select artworks. We plan to move into a new space of at least 3,000 square feet to support our growing needs.
Capitalization Overview
Self-funded.
No outstanding loans or external funds obtained.
There are 2 directors with equal ownership.
Recent Activity
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1 Investor contacted this Business this month. Register below to connect now!
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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