Marketplace

listed by broker
Art
Founded in
2016
Desired valuation:
Open to offers
Description
This is a commission-based P2P marketplace for postal-sized artworks and collectables fit for mailing directly from the artist / seller to the buyer / collector.
Featured metrics
NPS of 8.9/10, ROAS of 4.2 across marketing channels
Selling details
Type of shares
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Reason for selling
My partner has family commitments to tend to now and wants to be bought out of his half of the company to someone capable of growing the business to the next level with me.
Preferred acquirer
Experience in and deep knowledge of the arts industry, DTC and emerging tech fads (e.g. NFTs). Preferably someone who can do more than hands-off advisory.
Aspirations & growth opportunities
Our aim from the start has been to grow the business to pose a competitive threat to the stablished incumbents in collectables. With changing fads and trends in this space we try to move quickly by staying agile to capitalise on new opportunities as they present themselves.
Business details
Business model
Take a cut on every artpiece / collectable sold
Customers
1.6K (men and women in equal parts, 25-45 years old)
Competition
artspace.com
Operational details
Technology stack
Wordpress, WP CMS
Marketing spend
Roughly $90K annually (Facebook, Instagram, Google, Bing, Criteo, TikTok)
Performance tracking tools
Google Analytics, AdSense / AdMob, PayPal
Financial details
Ownership structure
50/50
Last month's revenue
$ 42 K
Last month's profit
$ 15 K
Financial records
Annual P&L summary reports, GA360
Metrics
TTM revenue
$ 480 K
TTM net profit
$ 127 K
Based in
EMEA
Team members
6-10
Acquisition type
Minority
Desired valuation
Open to offers
Message Owner
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Message Broker
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