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Busy Paint and Sip for Sale

Contra Costa County, CA

Bar Room
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Asking Price: $49,000

Cash Flow: N/A

Gross Revenue: $300,000

EBITDA: N/A

FF&E: $6,000

Inventory: $5,000

Rent: $5,000 /Month

Established: 2017

Busy Paint and Sip for Sale

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Business Description

Paint,Sip, & After-School art Program: 2000 sq ft studio with 2 rooms

Social Painting with Purpose & Entertainment is a newer concept that is rapidly expanded. It combines art within a social, fun environment. It is not necessarily fine art but is definitely fun art! We provide paint in sip, paint points, community fundraisers, and are an after-school art program. We opened a year and a 1/2 ago and are seeing so much growth.
If you love art as a vehicle for purpose & entertainment and would love to introduce people to their creative side, this brand & business is for you. It is fun and simple to run. All of the art is produced and copyrighted. Your customers will enter into a pleasurable, innovative environment, where they will experience firsthand the excitement of creating their own work of art.
This location in a desirable Pleasant Hill, Ca location. We have great parking and 2000 square feet. This includes a family room, bar room, and a small beer/wine bar. The concept has been so popular & successful that the franchise system already has 350+ studios across the U.S. 98% of all franchised locations remain open, a high success rate few franchises attain. 45% of the franchisees own multiple locations, another sign of success & satisfaction with the brand and the company.

Our studio was featured for our work on CBS’s This is San Francisco. As our customer service and eye for detail is reflected in our reviews on facebook and yelp. We are known for our amazing weekend paint classes and unique team-builders. Companies such as MAP royalty, P,G, and E, and many local dentist offices, banks and more use our services to connect their team through paint. We have contributed over $6000 in fundraisers and almost $10,000 to our community total when you include the auction items we donate to our community in our first year of operations. I really love this studio. I am sad to go but hope the right person purchases it!
The business has already gone through the time consuming, financial commitment to building out the location & building the customer base, starting an after-school program, and grooming employees to provide the best customer service, so why start from scratch? If you have a passion to deliver a rewarding experience to your guests and consider yourself a people person, then this business is a fit for you

Detailed Information

Location:
Contra Costa County, CA
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,000
Lease Expiration:
11/1/2019
Employees:
7
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Our studio is 2000 square feet with a 21+ room and an all-ages room with a designated 21+ table. We seat 30 people total per room. We have two bathrooms, one handicap accessible. We have a red carpet room for guest to take photos and a storage room for canvases and material. We also have a beer and wine bar in our studio at the back of the 21+ room. I believe we have a great location (lots of free parking and next to Target and Starbucks!) and a loyal fan base.
Competition:
We are currently the only PWAT in the San Francisco Bay Area. There are a few competitors. Paint nite, Canvas and Cabernet, and small independents on Eventbrite. None of them offer the variety or all the services we offer. We by far have the largest clientele and run classes almost everyday. We are seeing such fast growth.
Growth & Expansion:
The pros are this business is great for a very hands on owner. Also, we currently run after school programs in two districts with plans to expand. We also have 5 private school vendor contracts starting in January 2019. With the sale of my studio you will receive all school contracts and 2 years of curriculum. Cons are, this business is only for owners who are also operators.We are growing very quickly. So quickly that it is hard to train artist that can maintain my 5-star reputation. I can not maintain this with my school and my kids so I am backing aw
Financing:
The Franchise requires you to pay a $7000 transfer fee.
Support & Training:
The franchise offers free training upon purchase and an amazing online portal a home office to answer any questions. I am available to train owners until December 20th of 2018. The business is turn-key too. I have trained a 2 mangers to run the studio. One manages all incoming events and facebook/constant contact marketing. The other manages the artists and classes.
Reason for Selling:
Moving back to Georgia owned home, completing doctorate
Franchise:
This business is an established franchise
Business Website:
http://www.paintingwithatwist.com/pleasant-hill/
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Business Listed By:
Dawn O'Connell

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