Newly Established Art Gallery Seeking Loan in Palmiste, Saint Lucia
Caribbean art gallery located in Soufriere, Saint Lucia, seeking funding for business expansion.
| Established | 0-1 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | Nil |
| Run Rate Sales | USD 40 thousand |
| EBITDA Margin | 20 % |
| Industries | Art Galleries |
| Locations | Palmiste |
| Local Time | 1:20 PM America / St Lucia |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
11 thousand
for
10.0%
annual interest,
7
years
(Native Currency: XCD 30,000)
Reason: Seeking funding for expansion of sales and marketing channels.
Collateral Available: USD 0
Includes physical assets worth
USD
11 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Business Overview
- Caribbean art business specializing in the representation and sales of high-profile Caribbean artists' work.
- The art pieces are sourced directly from individual artists.
- The gallery primarily utilizes customer walk-ins as its sales channel.
- Has been consistently selling 2-3 small art pieces per day at an average price of XCD 100-150 per piece.
- In addition, the gallery manages to sell one large art piece per week at a price of XCD 1,000-1,500 per piece.
- Has plans to incorporate online sales channels in the future.
- The art pieces are sourced directly from individual artists.
- The gallery primarily utilizes customer walk-ins as its sales channel.
- Has been consistently selling 2-3 small art pieces per day at an average price of XCD 100-150 per piece.
- In addition, the gallery manages to sell one large art piece per week at a price of XCD 1,000-1,500 per piece.
- Has plans to incorporate online sales channels in the future.
Products & Services Overview
Product categories include:- Oil paintings.
- Craft.
- Handbags.
- Souvenirs.
Top selling are calabash art pieces.
Customers include both locals and tourists.
Assets Overview
Physical assets include an inventory of 30 art pieces.
Facilities Overview
Operating from a single floor rented facility located in central Soufriere.Rent is XCD 1,500/m.
Capitalization Overview
Self-funded.No outstanding loans.
Sole proprietorship business.
Recent Activity
-
Earlier than 15 daysPresident - Sales, Diverse, New York City, Corporate Investor / Buyer connected with the Business
Tags:
Newly Established Handicraft Shop Seeking Loan in Palmiste, Saint Lucia
·Newly Established Painting Shop Seeking Loan in Palmiste, Saint Lucia
·Newly Established Antique Shop Seeking Loan in Palmiste, Saint Lucia
·Newly Established Art Gallery Seeking Loan in Palmiste, Saint Lucia
·Lend to Newly Established Handicraft Shop in Palmiste, Saint Lucia
·Lend to Newly Established Painting Shop in Palmiste, Saint Lucia
·Lend to Newly Established Antique Shop in Palmiste, Saint Lucia
·Lend to Newly Established Art Gallery in Palmiste, Saint Lucia
·Newly Established Handicraft Shop Seeking Loan
·Newly Established Painting Shop Seeking Loan
·Newly Established Antique Shop Seeking Loan
·Newly Established Art Gallery Seeking Loan
·Lend to Newly Established Handicraft Shop
·Lend to Newly Established Painting Shop
·Lend to Newly Established Antique Shop
·Lend to Newly Established Art Gallery
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