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Creative Events , Paint-And-Sip Franchise For Sale

Chapel Hill, North Carolina, US
Asking Price:
$129,000
Sales Revenue:
$219,000
Cash Flow:
On request

Turnkey creative-events and paint-and-sip franchise opportunity in Chapel Hill. The business operates from an attractive, fully equipped 1,340-square-foot studio with a long-term lease through August 2031. Approximately $12,000 of inventory and $28,400 of furniture, fixtures and equipment are included in the asking price.

Revenue is generated through public events, private parties, corporate/team-building programs, off-site events, children's programs, DIY offerings, retail and beer/wine sales. The business also benefits from an established digital audience of approximately 8,000 email contacts, 5,000 Facebook followers and 1,300 Instagram followers.

The opportunity is best suited to an engaged owner/operator who can build on the existing customer base, trained instructor network and established operating platform. Seller financing is available for a qualified buyer with a meaningful cash investment at closing. Additional financial and operating information is available following NDA and buyer qualification.

Property Information

Real Estate:

Lease

Leasehold Rent:

$45,000 per annum

Location:

Prime retail location

Premises Details:

Beautifully appointed 1,340-square-foot creative event studio located in a high-traffic Chapel Hill retail center. The facility includes a spacious painting and workshop area, welcoming reception and retail space, beverage/bar service area, lounge, private restroom, storage, and dedicated work areas. The studio has been professionally renovated and is fully equipped for paint-and-sip events, private parties, corporate team-building events, children's programs, and retail sales. Included in the sale are furniture, fixtures, equipment, point-of-sale system, event supplies, retail displays, and approximately $12,000 of inventory. The business is offered as a true turnkey operation with an attractive long-term lease in place through August 2031.

Size in square feet:
1,340 sq. ft.

Business Operation

Management type:
This business has absentee ownership.
Competition / Market:

The business competes within the experiential entertainment, creative arts, private-event, and team-building markets. It serves individuals, families, corporate groups, schools, and community organizations. As an established franchise, the studio benefits from a recognized brand, operating systems, and an existing local customer base.

Reasons for selling:

Out-of-state ownership and focus on other business interests

Employees:
3
Years established:
2021

Franchise Information

Franchise opportunity:

Franchise Resale

Other Information

Support & training:

Seller will provide reasonable transition assistance to help facilitate an orderly ownership transfer. The buyer will also receive the benefit of the franchise system's required training and ongoing support, subject to franchisor approval and applicable transfer requirements.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Furniture / Fixtures value:
$28,400
Inventory / Stock value:
$12,000
Relocatable:
This business can be relocated
Contact Seller