A truly absentee owned business is hard to come by. The store has no regular scheduled staff and remains closed unless classes are scheduled. This eliminates the headaches that come with staffing a store to be open and managed during regular business hours. The artists who lead the classes are self sufficient. They have access to the space and are accustomed to leading the events. All of the artists are part time employees and have been working with the business for years. The owner currently manages social media and uses AI to help with general inquiry responses. These businesses don't come along very often and this one will not be around long. If you've ever wanted a cash flowing business with minimal day to day oversight, this is the one. Reach out ASAP, this one is a unicorn.
- Asking Price:
- $150,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $119,310
- Cash Flow:
- $50,363
Property Information
- Real Estate:
-
Lease
Business Operation
- Expansion Potential:
-
The business offers several opportunities for continued growth, including expanding private and group events, developing additional painting experiences, increasing corporate and team-building activities, and strengthening relationships with local organizations. The existing studio, equipment, staff, and extensive collection of paintings provide a strong foundation for introducing new programs, attracting additional customer groups, and increasing repeat business.
- Competition / Market:
-
The business operates in the creative entertainment and paint-and-sip market, serving customers seeking social, artistic, and group experiences. Its established studio, existing equipment, extensive painting collection, and ability to accommodate different types of activities provide a solid foundation for competing in the local market. The business can differentiate itself through its established operation, ready-to-use studio environment, and range of potential customer experiences.
- Trading hours:
-
No Set hours, only open for classes (Generally evenings)
- Employees:
- 6
- Years established:
- 2023
Other Information
- Support & training:
-
2 weeks
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
Owner Financing Amount
$30,000.00
Owner Financing Interest
10%
Owner Financing Terms Months
24
Owner Financing Monthly Payment
$1,384.35
- Furniture / Fixtures value:
- $6,000 - included in the asking price
- Inventory / Stock value:
- $37,000 - included in the asking price
- Relocatable:
- This business can be relocated
