Sri Lankan Art Gallery Raising Funds In Colombo
About Business
Founded in 2019 by a visionary father, the home-based art gallery has grown into a successful business serving both local customers and corporate clients.
The gallery began in a rented house and is now a go-to spot for framed and unframed artwork, prints, and custom wall art for small businesses and hotels. Run by the father and his two sons, the gallery is known for its unique, high-quality art and continues to be highly profitable, attracting both locals and tourists. The founders are planning to register the business as a company
Clientele type
The client base is diverse, ranging from high-end customers and younger audiences to tourists. The gallery also serves local businesses of all small, medium, and large - offering branding, decor, and various art-related services. Whether clients are looking to enhance their brand image or explore creative opportunities, the founder delivers customized solutions to meet their unique needs.
Premises
LEASED
Lease per month (in US$): 100.00
Security Deposit (in US$): 10.00 K
Carpet Area: 600 sq ft
Located in the historic Founders House, the 600 sq. ft. art gallery offers a unique cultural experience for both locals and international tourists. With a monthly rent of 300,000 Sri Lankan Rupees, the gallery operates by appointment only, allowing for personalized visits. Guests can explore a wide range of artworks, learn about different styles and techniques, and purchase pieces that inspire them. It's an ideal space for anyone looking to connect with art in a more intimate and meaningful way.
Asking Price Includes
The tangible assets include a diverse collection of paintings, both framed and unframed artworks, as well as a variety of art supplies such as canvases (both blank and pre-prepared), small and medium-sized brochures, and other artistic materials.
Asking Price
US$ 10.00 K
Minimum ticket size
US$ 3.00 K
Reason
To increase the chances of success, the primary goal is to set up a dedicated space for the gallery and art studio. This will provide a proper platform to display and promote the artwork.
More Details
The management team consists of three members: the founder and three talented artists. Together, they form a creative and dynamic group. They have also earned recognition from Sri Lanka's business clientele, establishing trusted art partnerships. Additionally, they have been acknowledged as a key provider of art services for businesses in 2024.
Keywords
Business Tags
₹10 to ₹200 Cr
Complete Investment Banking Solution in 120 Days
Seamless Fundraising/M&A transactions
Start your growth journey with our 25+ Years of Experienced Professional Team.
Contact IBGrid TeamFrequently Asked Questions
How to contact a business owner directly to buy or invest in a business?
Connecting with a business owner directly is simple! Just follow these 3 easy steps: 1. Create your FREE Investor/Buyer profile on IndiaBizForSale 2. Explore the 'Business Opportunities' section to find 10,000+ business opportunities matching your investment preferences. 3. Click on the 'Contact Business' button and connect with business owner directly. Check here to know how it worksNote: Once you create your profile, you will get ONE introduction credit, allowing you to contact any ONE featured business.
How does IndiaBiz verify the business information?
The business opportunity is either posted by the business owner or advisor. After that, our team checks the information for completeness, language, and accuracy. Once the basic checks are met; only then the opportunity is published. We also get users' feedback for the opportunities they contact and based on their feedback, the opportunity maybe put on HOLD till further clarification. Many opportunities are not published when it does not pass through our internal procedure checks. We sincerely request you to carry out complete due diligence before taking the transaction ahead. In addition, the contact details of the business are verified via phone/email.
What to consider before buying or investing in a business?
Below are some of the factors that need to be considered before buying or investing in a business:- Growth prospects of the industry and business
- Sales, profitability, and cash flow of the business should be considered
- Consideration you have to pay; form of consideration (either cash or shares or some combination of both) to be paid?
- Source of financing the purchase
- Amount of additional investment that will be required to grow business
- Does the business have second-line of management?
- Are you going to run the business on day-to-day basis or appoint some professional for the same?
- What decisions are to be taken to improve the profitability of the business?
- Time period of payback or return is envisaged from the business?
- Any long-term strategic benefit or synergy with your existing business?
- Will the clients continue with the business after the acquisition?