Lucrative Paint & Sip Business--Not A Franchise !!

Las Vegas, NV (Clark County)

Lucrative Paint & Sip Business--Not A Franchise !!

Asking Price:$195,000

Cash Flow:$182,624

Gross Revenue:$734,900

EBITDA:N/A

FF&E:$40,000

Inventory:$3,000

Rate/Sq. Ft.:N/A

Established:2012

Lucrative Paint & Sip Business--Not A Franchise !!

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Business Description

Profitable Business With High Margins-

No franchise fees!! Well established with 3 locations. Priced to sell. A fun, family oriented environment. Owners work approx. 25 hours/week in the business. Well-trained teams in place. No Gaming or adult themes. An owner operator should easily net 175k for 2016. Seller's interim 2016 P&L shows $610,185 in revenues and $152,187 net operating income through October 2016. A unique combination of an interactive art studio, entertainment, light food (no fryers/grease traps, etc.), & wine/beer. Several profit centers within the business. Huge Facebook following with a proven, highly effective social media marketing system in place. All segments of the business are profit centers. A great website which generates over 50% of the company's revenues in advance, which are prepaid online. May be suitable for a semi-absentee owner. Call Michael Cash at Benchmark Business Advisors 702-281-4751. Full service Las Vegas business brokers.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building Sq. Ft.:
N/A
Lease Expiration:
N/A
Employees:
11
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Three separate operating locations between 1300-2800 sq. ft. fully built out with customer seating and food prep and walk-in coolers.
Competition:
There is only one significant competitor in Las Vegas.
Growth & Expansion:
This business is well established with refined operating systems and would be suitable for scalable expansion into other market areas.
Support & Training:
Full, ongoing training after the sale
Reason for Selling:
Opening another unrelated business on the Las Vegas Strip.

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Michael Cash

Business Listed By:
Michael Cash

Benchmark Business Advisors

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