Busy Paint and Wine - 2 Room/Bar Studio for Sale

Glenview, IL (Cook County)

Main Room

Asking Price:$60,000

Established:2014

Busy Paint and Wine - 2 Room/Bar Studio for Sale

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Asset Sale Description

Earn your investment back in one year!

Exciting opportunity to own a turn-key business in the paint and sip industry geared for continued growth. This premier paint and sip destination business requires no artistic talent to own. We offer step-by-step public classes and private events in our fun and entertaining upscale studio with a bar inside. Our customer demographic consists of women, children, men, corporations, fundraising organizations, clubs and more. Located in the highly desirable North Shore of Chicago in a community commonly known as "The Glen." This location also included rights for "mobile" events that can be conducted outside of the studio. We have an experienced team of artists, bartenders and manager that deliver talent, enthusiasm and professionalism. Very high average customer NPS (net promoter score) of 90+. SDE growth year over year, 2016 SDE $62,000.

Inquire now. Contract to purchase this business before the end of the year to take advantage of peak holiday/Q1 season profits!

Pinot's Palette HQ will require new owner to have full-time commitment to business, passion for entertainment, "people person," and drive to execute local marketing strategies online and at community events. Minimum $200K net worth required.

Attached Documents


Detailed Information

Facilities:
Two room, bar location, recently renovated, two ADA restrooms, seating for 70 and 2510 SQ FT. Includes all tenant improvements, furniture (tables, chairs), fixtures (cabinets), LED lighting, bar (cooler, sinks) and computer equipment (POS, studio computer, security system), sound system, art supplies, wine/beer inventory, advanced payment accounts, marketing materials, office supplies, goodwill, new 10 year franchise and mobile license. Renew lease for 5-year term at below market rates. Application for liquor license is optional but easy process.
Support & Training:
Fully trained highly rated staff for turnkey transition. You will embark on a week of intensive training, called Boot Camp, at our Headquarters in Houston, Texas. Here, you will learn the operational skills needed to exceed Pinot’s Palette’s excellent customer service expectations. Owner will assist with transition while you learn on-the-job.
Reason for Selling:
Personal/Family. Owner recently had baby and would like to focus more on family.
Business Website:
http://www.pinotspalette.com/theglen

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Asset Sale Listed By:
Marielle Sokolowski

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