MergerPlace

Leading Online Art Services Business

New York (Kings)


  • Asking Price: $200,000
  • Gross Income: $37,652
  • Cash Flow: $27,584
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #199773
  • Established: 2013
  • Employees: 1 FT

Business Description

"Angie's List of Art Services" business for sale. Established by Christie's veterans, this turnkey business and website with an elite brand, is cash flow positive and has already disrupted the $45 billion Art market.

7,000 listed service providers (increasing numbers of which are paying for premium positioning). This is the world's leading platform to rate and review ART SERVICE providers online.

While the art market is quickly transitioning to online, the ART SERVICES market had remained unorganized, opaque, unaccountable and largely word-of-mouth...until the launch of this business. We are seeking the right buyer for the world's leading ONLINE ART SERVICES Company. This is THE platform for providers and users of art services (from appraisal to framing to shipping and storage to insurance).
Established two-years ago with $207,000 in start-up capital and sweat equity by Christie's-veteran founders, the business is now cash flow positive and is primed to ramp up with the right owner.


Business Details

Primary Business Category: Internet Related - Consumer Services B2C
Location: New York
County: Kings

Company Information

Year Established: 2013
Home Based: Yes
Franchise: No
Relocatable: Yes
Number of Employees: 1 FT

Financial Information

Asking Price: $200,000
Gross Revenue: $37,652
Cash Flow: $27,584
Seller Financing Available: No

Property Information

Facilities:

Established in 2013 in Brooklyn, this business is relocatable.

Growth & expansion opportunities:

The online Art Service business has been featured in WSJ, Forbes, Observer, The Art Newspaper, Luxury Daily, Blouin Artinfo and others. Opportunities for growth: Continued global expansion, vertical growth potential to other luxury categories, B2B and B2C potential, social network and event possibilities, strategic partnerships.

Competition:

There have been a couple of attempts to disrupt the Art Services market by competing businesses, but few have survived and none feature the high-touch, vigorously vetted database and exclusive content of this on-line Art Services business. The business allows providers of Art Services in major US and international metropolitan areas to benefit from being included in the industry's largest database to be discovered by potential clients online. The business generates revenue by premium or featured treatment in the database as well as other digital advertising opportunities.

Reason for selling:

Family reasons.

Support & Training:

Will train for 4 weeks @ no cost. How do art insiders and collectors find art appraisers, art insurers, art shippers, art consultants and other niche service providers they can trust? Increasingly, they use this website to review and select service providers. If you are an Art Services provider, you're on this website with over 7,000 listings in 70 global markets across 40 categories. If you are interested in tapping into one of the wealthiest demographics in the world with this elite brand and must-use, industry-leading website, this is the business for you.

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Business Listed By:

Alan Zinser

Murphy Business Brokers