Seeking an investment of approx. $100K CAD // $75K USD in exchange for 5% of my (net) painting income
Small house currently being used as a craft / art gallery on the main road on a desirable gulf island. Listed at $274K CAD // $207K USD. I would live and paint there while running a gallery of my work and that of visiting artists. I’m an excellent salesperson!
I would have low overhead / no mortgage making it easier to pay back the investment.
Imagine: I hit the big (or even the reg. price) league and you’re in for 5% FOREVER.
Math?: If I end up selling 10 @ $5,000 (or 500 @ $100) paintings a year = $50,000 gross = approx. $40,000 net, an investor would get $2000 a year.
Lots of room for additional buildings or RV to accommodate the Free Artist Residency / investors.
Next Stop?: Dragons’ Den // Shark Tank