Franchise Paint & Sip Studio w/Type 42 Beer & Wine License
| Asking Price: | $150,000 |
| Gross Revenue: | $447,260 |
| Rent: | $4,643 |
| Cash Flow: | $103,397 |
| Inventory: | $3,500 |
| Established Year: | 2013 |
Profitable franchise location in niche market!
For over a decade, this Paint & Sip franchise location has provided an welcoming environment where guests can enjoy wine and paint under the guidance of professional artists. The company provides both on-site and off-site services. It utilizes authentic artwork created by professional artists, coupled with a comprehensive training and support system provided by the franchisor. The business has an ABC Type-42 Beer & Wine License.
It is situated in a plaza on a busy thoroughfare close to an affluent downtown area. The 1,472-square-foot facility can accommodate two separate art classes at a time with a total of 40 guests. The premises are well-equipped with a bar, tables, chairs and numerous easels. There are two restrooms. The lease goes through May 2025; the landlord will negotiate a new lease.
In addition to its regularly scheduled paint-and-sip classes, it also offers a range of other services and events including private parties, team-building activities and corporate functions. The business employs two full-time artists/instructors with many years of experience. Overall, this is an enjoyable business with the backing of a well-known franchisor. The owner is unable to continue to manage the business due to an injury.
The franchise transfer fee is $12,500. Training is virtual for four full days. The franchisor requires $5,000 - $10,000 for a brand refresh and $20,000 - $30,000 in working capital.
