Business Listings
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Turn-key Fine Art Installation, Storage, and Shipping Business
Listing Number: 1000012023
This 23-year-old business provides a full range of fine art services primarily in the Pacific Northwest including installation, crating & packing, shipping & delivery, storage, and a west coast art transportation shuttle. The business primarily serves art museums, art galleries, artists, trust companies, estates, and corporate and high net worth individual art collectors.
This business has a rare combination of characteristics that make it particularly attractive as a true turn-key acquisition target. It is small enough that it is affordable for an opportunistic individual to acquire (who can likely finance it using a SBA loan), but avails itself to growth opportunities (such as an industry roll-up) that are commonly pursued by professional investors or strategic buyers.
A few highlights include: long-term repeat clients with roughly 35% of the revenue coming from recurring- revenue storage; long-term management staff run the day-to-day operations (and there’s a second layer of trained back-up staff to fill in); double-digit annual growth over the past five years that’s primarily been based on repeat business and word-of-mouth; and strong diversification of revenue with no single client representing more than 5% of total revenue.
The business also has the added societal benefit of providing artists with living wage jobs and benefits.
The seller’s desire to retire, along with his more limited operating role in the company in recent years provides a perfect opportunity for either an individual or complementary strategic acquirer to buy a turn-key company that performs well without needing to be fixed, but with additional opportunities for growth and improvement should a buyer choose to pursue them.
Price: $1,975,000
Revenue: $1,899,467
Seller Discretionary Earnings: $456,173
EBITDA: $417,773
Financial Data for 12-months ending 3/31/19.
Please see the introduction package for more details: Intro Package 1000012023
This 23-year-old business provides a full range of fine art services primarily in the Pacific Northwest including installation, crating & packing, shipping & delivery, storage, and a west coast art transportation shuttle. The business primarily serves art museums, art galleries, artists, trust companies, estates, and corporate and high net worth individual art collectors.
This business has a rare combination of characteristics that make it particularly attractive as a true turn-key acquisition target. It is small enough that it is affordable for an opportunistic individual to acquire (who can likely finance it using a SBA loan), but avails itself to growth opportunities (such as an industry roll-up) that are commonly pursued by professional investors or strategic buyers.
A few highlights include: long-term repeat clients with roughly 35% of the revenue coming from recurring- revenue storage; long-term management staff run the day-to-day operations (and there’s a second layer of trained back-up staff to fill in); double-digit annual growth over the past five years that’s primarily been based on repeat business and word-of-mouth; and strong diversification of revenue with no single client representing more than 5% of total revenue.
The business also has the added societal benefit of providing artists with living wage jobs and benefits.
The seller’s desire to retire, along with his more limited operating role in the company in recent years provides a perfect opportunity for either an individual or complementary strategic acquirer to buy a turn-key company that performs well without needing to be fixed, but with additional opportunities for growth and improvement should a buyer choose to pursue them.
Price: $1,975,000
Revenue: $1,899,467
Seller Discretionary Earnings: $456,173
EBITDA: $417,773
Financial Data for 12-months ending 3/31/19.
Please see the introduction package for more details: Intro Package 1000012023