Paint and Sip Studio in Wilmington NC

Wilmington, NC

Seller Financing Available

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Asking Price:$98,000
Gross Revenue:$219,511
Rent:$2,736
Established Year:2012
Cash Flow:$80,414
Inventory:$8,000
FF&E:$20,000
BUSINESS DESCRIPTION

If you are looking for a FUN Business to operate, then continue to read the information below.

For sale is a thriving paint and sip art studio business that was established in 2012 and has seen three successful ownership transitions. This well-established enterprise has established a solid reputation in the local community for its artistic workshops. The business has consistently generated significant profits over the years, making it an attractive investment opportunity. The current owner has made the difficult decision to retire and is now seeking an ideal buyer. This turnkey operation offers a perfect opportunity for an individual with a passion for art, and a desire for flexible working hours.

The business provides a delightful and engaging experience for customers who are interested in exploring their artistic talents. The business boasts a loyal customer base. With a proven track record of profitability, the new owner can step into a well-established operation and leverage the existing brand and customer base. This opportunity is particularly appealing for individuals seeking a business venture or those looking to reenter the workforce after an extended break, as established systems allow for easy management. With the potential for growth and expansion, offers a rewarding and lucrative opportunity for the right buyer.

Previous Sales Numbers:
2022 Revenue - $202,971 2022 Cashflow - $67,904
2021 Revenue -$165,678 2021 Cashflow -$34,449


DETAILED INFORMATION
Location
Wilmington, NC
Inventory
Included in asking price
Real Estate
Leased
Lease Expiration
30/04/2027
Employees
9
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
All inventory supplies, art tables, chairs, and easels.
Competition
We have market dominance in an expanding community. The location is prime.
Growth & Expansion
Unlimited opportunity through marketing and community networking.
Support & Training
The owner is willing to offer training and the franchisor will provide additional training support
Reason for Selling
Owner is retiring
Franchise
This business is an established franchise
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Bill
Malchano
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Bill Malchano