Profitable & Established Creative Art Studio, 100% Absentee Owner
| Asking Price: | $499,999 |
| Gross Revenue: | $616,000 |
| Rent: | $12,400/Month |
| FF&E: | $100,000 |
| Cash Flow: | $109,000 |
| Inventory: | $15,000 |
| EBITDA: | $178,000 |
| Established Year: | 2022 |
One of a kind creative art studio in the heart of Phoenix
Are you ready to own an exciting, established business in the heart of Downtown, Phoenix? 100% absentee owner. Great growth opportunity for local owner targeting large group events and corporate parties. Strong social media presence and digital marketing. Discover the perfect space to inspire your creativity! This versatile art studio, located in a vibrant and artistic neighborhood, is now available for sale. Bright and Open Layout: Flooded with natural light, the studio features large windows and high ceilings that create an airy and inviting workspace. Customizable Space: The open floor plan allows for various configurations to suit your unique needs. Ample Storage: Dedicated storage areas for tools, supplies, and artwork, keeping your space organized and functional. Prime Location: Situated in a bustling area with a strong artistic community, this studio offers excellent visibility and access to light rail. Inspiring Ambiance: Thoughtfully designed with new rage paint concept as well as traditional spin art, bicycle spin art and splatter studios. Management and staff in place with well documented systems and processes. The new owner will be walking into cashflow from day 1 with opportunity to grow and scale or maintain with minimal involvement. Be the proud owner of this fun and exciting artistic environment.
Key Features:
• Fully staffed, including an experienced manager
• 6 Custom Built Spin Art Stations
• 2 Custom Built Spin Art Bicycle Stations
• 3 Glow Paint Splatter Rooms w/UV Lights, DJ Lights & Sound System
• 2 State of the art Rage Paint Room w/ UV Lights, DJ Lights & Sound System
• Large Utility room and storage room for rage room breakables
• Profit and loss statements available since opening
• Convenient location with high visibility and easy access
• Convenient customer parking in rear or free street parking
This business is a turnkey operation, ideal for anyone looking to step into the world of entertainment, art & hospitality. We’re selling to focus on a new project, making this a great opportunity for you to take the reins of a thriving business, with a large social media following and all the pieces already in place. Reach out for more information!
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