Recreational Paint and Sip E-Studio
| Asking Price: | $40,000 |
| Gross Revenue: | $26,032 |
| FF&E: | $41,000 |
| Cash Flow: | $16,032 |
| Inventory: | $500 |
| Established Year: | 2013 |
The business began operations in 2013 as a Paint and Sip Studio. As of 2015, they had two locations in Broward County, Fl. From the beginning, they had a robust website for marketing purposes.
A Paint and sip business brings groups together for painting lessons, usually in the studio. It’s a fun way to gather for any celebration or corporate event. It has been trendy in recent years.
As a result of the restrictions in operations 2020, the seller promoted, through the website, virtual and offsite events, being able to host over one hundred events that year. Consequently, he decided not to renew the lease contract for both studios, turn the webpage into an “E-studio.” and focus on offsite events.
The seller currently has two painting instructors interested in continuing to work for a new owner.
This home-based business can be run on a part-time basis
Because of a new professional project that needed his full attention, the seller, who is not a painting instructor, decided to sell the E-Studio. He will assist a new owner for two weeks for a smooth transition.
