Paint and Sip Business - Wine and Canvas
| Asking Price: | $35,000 |
| Gross Revenue: | $164,035 |
| FF&E: | $5,000 |
| Cash Flow: | $45,000 |
| Inventory: | $2,000 |
| Established Year: | 2009 |
Turnkey Mobile Paint and Sip Business
Founded in 2009, Wine and Canvas is a well-established brand that offers a unique experience combining painting classes with a fun social atmosphere, often paired with wine or other available beverages and food options.
Overview:
The Wine and Canvas business model thrives on providing an artistic and enjoyable experience for groups, including friends, families, and corporate teams. The brand offers a creative environment where participants are guided through creating their own paintings while enjoying beverages in a relaxed setting.
This licensing program we are offering will allow entrepreneurs to leverage the Wine and Canvas brand and its operational model to launch their own mobile painting event business, and ti later open physical studio location. Licensees will benefit from the established brand reputation, operational resources, and marketing materials provided by the company. As well as the already established relationships with instructors and venues.
License Structure Options:
1. Mobile Painting Events: Licensees will have the flexibility to organize painting events at various venues such as restaurants, bars, businesses, community centers, and private homes.
2. Studio Locations: Licensees will be required to open a dedicated Wine and Canvas studio location 6- 8 months from the start of their license. With a studio they can host regular painting events in a permanent setting. They will be required to obtain a liquor license or at least a beer and wine license for this option. This opens the possibility of a larger revenue stream from the added food and beverage sales as well as the possibilities of other revenue streams like open studio time.
Payment Model:
1. Royalty Fee: Licensees will pay an 8% royalty fee on gross monthly sales, which allows them to use the Wine and Canvas brand and access marketing support, booking systems, SOPs, extensive painting portfolio, and operational tools.
2. One-Time Flat Fee: A one-time payment of $35,000 will be required from licensee. This fee will cover:
- Brand setup and rights to use the Wine and Canvas trademark.
- Exclusivity to the territory. No other licensee may host events within predetermined territory.
- Comprehensive training in organizing and hosting painting events, including venue outreach for mobile events.
- Paint and Sip supplies, including; paint materials, canvases, aprons, easels and other necessary supplies. Enough supplies to host events with up to 90 guests.
- Customer List - extensive list of past customers
- Pre-establish social media pages. Some of which have over 8,000 followers.
- Marketing materials such as logo files, online resources, images, painting portfolio, and branding guidelines.
3.Studio Location: Included in the one-time payment of $35,000 will be additional training and support required for the successful launch of a studio location.
Conclusion:
Licensing the Wine and Canvas brand offers an attractive opportunity for entrepreneurs looking to enter the growing "paint and sip" industry. The hybrid payment model ensures a fair balance between profitability and access to necessary support and resources. By offering both mobile and studio event options, Wine and Canvas provides a versatile platform for long-term business growth.
