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Newly Established Craft Store Seeking Loan in Port of Spain, Trinidad

Art business in Trinidad, specializing in custom murals and airbrushed T-shirts, seeking funding for expansion.

Established 0-1 year(s)
Employees < 2
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales USD 115 thousand
EBITDA Margin 35 %
Industries Craft Stores
Locations  Port of Spain
Local Time 1:27 PM America / Port of Spain
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 29.4 thousand for 5.5% annual interest, 4 years (Native Currency: TTD 200,000)
Reason: Seeking funding to stock up on inventory and diversify the product portfolio. The sought transactio... View More
Collateral Available: USD 14.7 thousand
Includes physical assets worth USD 2.06 thousand
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Business Name
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Business Overview
- Art business located in the vibrant Port of Spain, Trinidad, specializing in custom murals and airbrushed artwork.
- Key offerings include murals, airbrushed canvas paintings, interior/exterior designs, and bespoke airbrushed T-shirts.
- Notable clientele includes Tribe, one of the largest carnival bands in Trinidad, showcasing expertise through high-profile projects.
- Currently operated by a single permanent employee, which is the owner. Additional employees are hired on a need basis.
- Generates significant revenue through event/carnival stalls and social media sales, tapping into local markets effectively.
- T-shirt sales average 12-15 units per day at a retail price of TTD 150 each.
Products & Services Overview
Products include murals, airbrushed canvas paintings, interior/exterior designs and paintings, airbrushed t-shirts.
Top selling are t-shirts.
Sold through vent/carnival stalls and social media.
Clients are mostly individuals, but we also receive orders from bands.
Assets Overview
Physical assets are 18 air brushes, 2 compresores, 1 tap top and 7 tshirts stock.
Facilities Overview
Currently operating from residential premises, no dedicated office facility.
Capitalization Overview
Sole proprietorship business.
Having outstanding bank loans needed to be paid off.
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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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