Reduced Price! Party Center & Art Studio

Union County, NJ

Seller Financing Available
Reduced Price! Party Center & Art Studio

Asking Price:$75,000

Cash Flow:N/A

Gross Revenue:$106,450

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Rate/Sq. Ft.:N/A

Established:2014

Reduced Price! Party Center & Art Studio

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Business Description

PARTIES FOR ALL OCCASIONS - CHILDREN AND ADULTS. Party center and art Studio. Independent paint and sip studio in upscale town. The business offers parties for children and adults as well as corporate events in an entertaining atmosphere. The parties all offer an unforgettable event that combines fun and art for all ages. The business includes a custom built facility with dedicated staff making this an ideal investment opportunity in this rapidly growing and popular concept. The studio is turn key with future bookings and fully developed website and social media. The owners invested heavily in the build out of the studio creating an efficient and appealing environment. Paint and sip concepts are growing in popularity. This is an independent business priced well below the cost of starting a new one.

Detailed Information

Real Estate:
Leased
Building Sq. Ft.:
N/A
Lease Expiration:
N/A
Employees:
5 PT
Facilities:
840 sq ft of custom built retail space. Plenty of parking and great visibility on main street.
Competition:
There are several competitors in the surrounding area.
Growth & Expansion:
The business can continue to grow by additional marketing and expanding services. The potential is unlimited since the business offer off site events as well.
Financing:
$65k down/$10k for 24 mos. @ 6%.
Support & Training:
Will train for 2 weeks @ no cost. Public and private Painting parties for all ages. The business also offers other crafts and unique party options. The business provides coffee and bottle water. All alcohol is BYOB and food can be brought in or ordered from nearby caterers. They also offer art education and after school programs.
Reason for Selling:
Downsizing.

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Russell Miller

Business Listed By:
Russell Miller

Murphy Business & Financial Corporation

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Sponsoring Broker:
Murphy Business

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