ONLINE ART GALLERY for Sale.
Currently operated from home in Portsmouth but can be operated from anywhere in the UK.
Exciting opportunity to acquire this long established business which is largely self-operated with minimal daily input required. The business essentially is an online portal advertising art for sale. Artists login and upload their own art to the site, with purchasers ordering online which is then fulfilled by the artist, paying the owners of the business a 35% commission. The site currently has c1,000 artists and 20,000 pieces of art for sale. In the 16+ years of trading, our client has developed a strong reputation in the industry with a 5-star rating on Trust Pilot and the business appears high up in Google searches for a number of search terms including paintings for sale, online art gallery and buy art online. The business is incredibly low maintenance being operated by our client in only two days per week with occasional assistance from sub-contracted bloggers etc. Our client established the business in 2006 and is now looking to sell in order to pursue teaching and painting. Accounts to October 2021 showed an annual turnover of £120,450 and achieved an adjusted net profit in excess of £60,000 per annum.
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