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Successful and Growing Art Studio

VA

Successful and Growing Art Studio

Asking Price: $110,000

Gross Income: $287,248

Cash Flow: $69,078

EBITDA: N/A

FF&E: N/A

Inventory: $7,077*

Real Estate: N/A

Established: 2002

Employees: 5

*not included in asking price.

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Business Description

This turn-key and profitable paint-your-own pottery and glass fusion art studio has grown every year since 2008. 2012 ended with record sales! Revenue in the first nine months of 2013 is up 15% over the same time period last year. Net Income is up 218% for the same time period. Cash flow continues to grow year over year.

This is the ideal business for college grads, art enthusiasts, teachers, stay at home moms, as well as someone looking to boost their personal income or families looking for a second income. Why? Because all business processes are well documented and in place, the seller will provide training, and by design this business is simple to promote and operate.

The owner and staff have instituted new programs that keep up with new trends in the industry and continue to drive customers to the studio. By increasing social media marketing efforts and making great strides into corporate sales, the customer base has expanded, the loyal staff has been energized, and the business continues to thrive after 11 years in the community.

Individuals or groups can walk in to this well-maintained studio and either paint a piece of pottery or partake in the ever growing technique of glass fusion. After school programs, party packages, summer programs, and the ability to offer this niche service at outside events such as fundraising and corporate functions keep the cash flowing 12 months a year.

This independent, high-margin business is situated in a high traffic shopping center in one of the largest and wealthiest counties in northern Virginia. This spacious studio provides fun along with instruction, tools, unlimited paints, and pottery all at reasonable prices.

Detailed Information

Inventory:
Not included in asking price
Facilities:
This 2,000 sq/ft well maintained studio is located in a high traffic shopping center in an affluent area of northern Virginia.
Competition:
The owner does not think that competition of similar type businesses overlaps with this studio because of proximity, size, and services offered.
Growth & Expansion:
The owner has identified several avenues for increased revenue and will discuss with the Buyer at the appropriate time.
Support & Training:
Owner will provide an appropriate transition period as part of the sale price.
Reason for Selling:
Owner wishes to pursue other interests.
Contact Business Seller

Ad#: 774846

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Richard Stopa

Business Listed By:
Richard Stopa

Calder Associates, Inc.

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Sponsoring Broker:
Stephen Wain