Mark Lovett Studio

On Starting A Portrait Painting Business

Mark Lovett
1
Founders
2
Employees
Mark Lovett Studio
from Gaithersburg, MD, USA
started June 2000
1
Founders
2
Employees
market size
$21.2B
starting costs
$13.7K
gross margin
40%
time to build
210 days
average product price
$5000
growth channels
Organic social media
business model
content-library
best tools
Wave, Instagram, YouTube
time investment
Full time
pros & cons
35 Pros & Cons
tips
1 Tips
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Want more updates on Mark Lovett Studio? Check out these stories:

My name is Mark Lovett and I'm a professional artist - oil painter. My oil painting business is Mark Lovett Studio located in Maryland.

Flagship Product: Client commissioned, hand-crafted, realistic, portrait paintings in oil, on linen canvas, is my flagship product. The goal of these works of art is to bring a soul to life on canvas in a creative yet realistic manner. Quite a bit of time is involved in creating these custom paintings and prices generally range from $7,500 to $25,000. Canvas sizes generally range from 16x20" to 30x40"

My clients are located throughout America. They find me through word of mouth and from online searches. Some of my clients include Congressman Bill Livingston, Forrest Whitaker (Academy Award Winning Actor), Gregg Allman of Allman Bros Band, Terraforma, Lendlease, SunEdison, Broadsoft, Martek Global, designDATA, Boland.

Some of my most rewarding commissions are paintings of loved ones who have passed away. I feel like I can contribute to the healing process of the family.

Since starting in 2000, I've seen an annual growth rate of approximately 20%.

Currently, I'm in the preliminary stages of a portrait painting commission for a client.

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